Experts recommend taking mortgage loans, since such low rates, like today, can be a real dream in a few months. Throughout 2011, most of the banks have actively reduced interest rates on mortgage loans, so that at present this significance has reached a historical minimum. Given the economic instability, a further drop in bets in the nearby perspective should not be expected.
On the contrary, some financial institutions began to adjust the rates towards growth. “According to our estimates, this trend will remain until the end of this year. Nevertheless, large banks with a stable resource base and a fairly large share on the mortgage market from revising bets in 2011 by mortgages decided to refuse. Currently, we provide bets of 8.5 percent in rubles and from 7.95 percent in foreign currency, ”says George Ter-Aristoconsyans, VTB Vice President 24.
Sberbank currently currently starts at 9.5 percent in rubles and 8.8 percent in foreign currency. “According to the Central Bank, the weighted average rate on loans in rubles provided in the middle of summer amounted to 11.9 percent, which is the minimum value in recent years. In the middle of last year, loans were issued on average at a rate of 13.2 percent, and in December 2010 – 12.6 percent. Based on these data, it is easy to conclude that the mortgage rate is actively reduced, ”says the manager for working with partners and enterprises of Sberbank of Russia, Gennady Luzgin.
In Raiffeisenbank, mortgage bets begin at 12.75 percent in national currency and with 9 percent in foreign. Nordea Bank credits at rates of 10.5 percent in rubles and from 6.5 percent in currency.
All these institutions say that it is definitely not worth waiting. The reason is very simple, in the economy of the world it is not stable. It turns out that on the one hand the most suitable time is now in order to buy housing at low prices, and on the other hand, a deterioration in the situation in the economy can cause job reduction. “Betting are regulated by the cost of currency in the market and the demand of the population for a mortgage. In conditions of insufficient liquidity, banks will not be able to reduce mortgage rates. In conditions of limited demand, you can hypothetically count on discounts from developers. In the case of a real deterioration in the situation in the economy, we must expect an increase in rates on loans for objects that are at the construction stage, ”says Alexander Deryagin, director of the banking products department of the FG BKS.
The crisis taught Russians a lot, and one of the main lessons was the understanding that it is better to take loans in the currency in which you receive wages, this decision is insured by the borrower from the likely jumps in the courses.
