the ban on near-zero mortgages, prices for new buildings haven’t really dropped some providers also limit much. But secondary housing really did get cheaper last year.
— To a large extent, this is a consequence of the preferential mortgage, which applies only to primary housing. In addition, the schemes for reducing the rate by inflating the price of an apartment have not completely disappeared, although their scale has become much smaller. Plus, artificially inflating the price entails real price increases, because people do not always understand what to focus on. Hence the rise in prices.
— Near-zero mortgages have practically left
the market under pressure from the Central Bank, but they have been replaced by mortgages at 3-4%. As I understand it, this is also abnormal. At what rate does a mortgage start to be risky?
— 3-4% is below the level at which our new regulation comes what is the biggest source of lead generation? into effect. Obviously, there is some trickery here. Otherwise, the bank will be forced to create increased reserves.
The regulation we introduced in the spring
works as follows. The long-term OFZ rate was around 11% before the recent increase in the key rate. Within the framework of preferential mortgages with a key rate of 7.5%, the budget compensated banks 2 percentage points, within the family mortgage – 4 percentage points, which means that the “market” level of rates for these programs america email will be around 9% and 7%, respectively. From these levels, we allow rates to drop by another 1/5. It turns out that additional reserves are included at rates below 6.8% for preferential mortgages and below 4.8% for family mortgages.
