Mortgage arrears jumped by 63% in a year.%

The overdue mortgage debt of the population in 2024 increased by 63% to 95 billion rubles, according to the Central Bank. At the same time, the total amount of housing loans to citizens grew much more slowly — by only 7%. At the beginning of January 2025, it reached 19.2 trillion rubles.

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According to these statistics, the volume of mortgage delinquencies has reached its maximum in the entire history of observations, said Evgeny Shavnev, General Director of the real estate investment company Flip LLC.

According to Anna Zemlyanova, chief analyst at Sovcombank, such a sharp increase in overdue debt may be due to the active issuance of housing loans in previous years. So, in 2023, the total mortgage portfolio of citizens increased by 4.2 trillion rubles, and in 2022 - by 2.1 trillion rubles.

Until July 2024, there was a massive preferential mortgage on new buildings at 8%. Shavnev noted that the opportunity to buy real estate at minimal interest rates encouraged many to take out a mortgage without fully assessing their financial strength. According to him, this is why they started talking about the mortgage bubble last year.

A decrease in real incomes of the population, inflation and economic instability could lead to a deterioration in the financial situation of borrowers, Maxim Kolyadov, head of work with individuals at Insurance Broker AMsec24, added. However, as Shavnev emphasized, the situation is not critical, as the share of delinquencies in the total mortgage portfolio does not exceed 0.5%.

Read more in the exclusive Izvestia article:

Shadow of the payment: mortgage arrears jumped one and a half times