Experts reported a decline in bank mortgage rates

The minimum rates on market mortgages have fallen to 22.99%. This is reported in the study "Etazhi", which was reviewed by "Izvestia" on January 20.

"On the mortgage market in Russia now everything is extremely ambiguous, a single trend is not formed: some banks began to increase the availability of loans, reducing the rate immediately by 1.5%. Others, on the contrary, tighten credit conditions, which leads to a significant reduction in the approval of applications", - explained the Deputy Director of the mortgage department of the federal company "Etazhi" Tatiana Reshetnikova.

According to her, of the top 15 banks now there are those in which the level of approval of applications for market mortgages record decreased to 7-10%, and there are those that due to multi-solutions, when the application is approved neither for a particular type of real estate, and all segments simultaneously, on the contrary, since the beginning of the year increased the approval rate to 78-82%. In addition, some banks approvals are growing due to higher requirements for the minimum down payment, without which applications are simply not considered.

"The average rate at which banks approve market mortgages since the beginning of the year is at 27.7%, and the maximum rate is 31.5%," explained Reshetnikova.

Banks have become more actively looking for new options to attract reliable borrowers, and each bank has its own strategy: from reducing rates to increasing requirements for the minimum down payment and age of borrowers.

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"Now the reduction of rates even by 1% actualized refinancing of those loans that were issued at extremely high rates at the end of the year, and some banks expect to increase their market share in this way. Apparently, banks expect at least to maintain the key rate at the meeting of the Central Bank in February at the same level," - predicted the expert.

Mortgage specialists federal company "Etaji" calculated: given that in November last year, the mortgage at the market rate approved at 28.1%, now when refinancing it at a rate of 24.29% monthly mortgage payment can be reduced immediately by 13.5%, and the total overpayment for the entire term of the loan at 15.35%.

For example, with a loan amount of 6 million rubles, if it was issued in November last year at a rate of 28.1% for a term of 30 years, its refinancing at a rate of 24.29% can reduce the monthly payment on such a mortgage from 140 thousand rubles to 121 thousand rubles or, keeping the monthly payment at the same level, reduce the term of the loan to 8 years and 4 months, in this case the savings will exceed 36 million rubles.

Earlier, January 9, "Izvestia" got acquainted with the study of the company "Airplane" where it was reported on the mandatory amenities of Russians when buying an apartment. According to experts, in the new year Muscovites want to buy apartments with walk-in closets (23%), built-in pantries (15%), additional outlets on the balcony (13%), a second bathroom (12%), a master bedroom (9%) and a niche for a washing machine (8%).