
Russians can forget about their own apartment at least until 2027 — economists
After increasing the key rate from 19% to 21%, a regular mortgage in Russia will become even more expensive and inaccessible. The day before, Russian banks had already raised rates on market programs to an average of 25-27% per annum, but now rates will rise even more, experts say.
At the same time, buying an apartment using a family or other preferential program is also difficult due to specific requirements and a high down payment in some banks.