Loans allocated for the acquisition of real estate in the primary market have greatly risen in comparison with the secondary residential real estate market, only the total number of banks that provide relevant credit loans increased, the specialists of our resource state the experts.
If we take into account the indicators recorded at the end of 2012, with those that were registered at the beginning of the year, we can talk about a fairly significant increase in the value of mortgage loans related to the acquisition of residential real estate. Experts pay attention to the fact that interest rates on the primary have increased to a large extent if you draw a parallel with a secondary real estate market. In the month of December this 2012, the corresponding loans for the purchase of housing provided mainly 19 large banks, this is more than two compared to the indicator of the beginning of the year. But only 24 banking institutions are engaged in banks engaged in lending to purchase housing in the secondary market. The size of the average real mortgage rate for a loan for a period of 15 years is about 23 percent per annum.
