The minimum mortgage rate in Moscow has been announced

The minimum rate on a home loan in the Moscow region was 3.6 percent

housing, concluded with the attraction of mortgage loans, amounted to 52 percent – 10 percent less than a month earlier, follows from the materials of the agency “MIEL”, transferred to “Lente.ru”.

According to analysts, the minimum rate on mortgages in the Moscow region in October fell to 3.6 percent. The borrower purchased a one-room apartment in Moscow for 8.7 million rubles. Loan funds amounted to 2 million rubles, loan term – 10 years.

MIEL also named the maximum rate in October – 13 percent. A mortgage loan was also issued for the purchase of an apartment in Moscow. The cost of the lot is 8.5 million rubles, of which 5.7 million are bank funds. Lending term – 25 years.

Traditionally, the leaders in the issuance of mortgage loans in the Moscow region are Sberbank and VTB. The average amount of mortgages in Moscow in October reached 7.6 million rubles, in the region – 4.7 million, experts calculated.

Earlier it was reported that the highest average mortgage rate in Russia was recorded in Sevastopol, with this, in September 2021, it decreased from 8.77 to 8.7 percent. The regions of the Far Eastern Federal District are recognized as the cheapest in terms of mortgage costs.

Comments

comments