Russians began to pay better on mortgages
Kommersant: the share of overdue mortgage loans in Russia fell to 0.6 percent “Arrears” in the total volume of mortgages by November 1, 2021 dropped to 0.6 percent, a year ago it was 0.9 percent, Kommersant reports, citing data from the Central Bank. The publication notes, however, that the statistical improvement in the payment discipline of mortgage holders was probably a consequence of the mortgage boom – immediately after receiving a loan, citizens almost always make payments on time, the situation usually begins to deteriorate several years later. In general, as evidenced by the Central Bank's data, in the country there is a decline in the volume of mortgage lending: in September it was 5.3 percent, then it worsened to 8.4 percent. In total, mortgages worth 501 billion rubles were issued in October (a year ago in the same month – 546 billion). The transition of the mortgage market to