Sberbank has raised mortgage rates.

TASS reports.

As reported on the Sberbank website, mortgages for new buildings rose to 8.8% per annum, and for secondary housing - up to 9.1% per annum.

It is noteworthy that for young families the mortgage rate for the purchase of secondary housing increased to 8.7%, and the cost of refinancing increased to 8.6%.

At the same time, interest on loans for the construction of an individual residential house was increased to 9.6%, and for the purchase of suburban real estate - up to 8.8%.

One of the main reasons for the increase in mortgage rates could be the actions of the Central Bank.

This opinion was shared by the vice-president of the Russian Guild of Realtors Konstantin Aprelev in an interview with RT.

“The Central Bank has been actively raising the key rate recently.

As a result, the interest rate at which the regulator provides money to banks as part of the borrowing procedure is growing.

Thus, money becomes more expensive, and banks raise the cost of loans - not only mortgage loans, but also consumer loans, ”Aprelev explained.

Recall that since the beginning of 2021, as part of the fight against the rise in consumer prices, the Bank of Russia has already raised the key rate six times and brought it to the level of 7.5% per annum.

Meanwhile, in October, annual inflation in the country accelerated further and exceeded 8% for the first time in five years.

In these conditions, the Central Bank may again raise the interest rate in the near future.

This was announced on November 15 during a speech in the State Duma by the chairman of the Central Bank Elvira Nabiullina.

“That is why we raised the rate at the last meeting to 7.5% and, perhaps, we will consider the need for a further increase at the next meetings.

We are simply obliged to return inflation to the target so as not to lose people's trust, ”RIA Novosti quotes Nabiullina as saying.

The last increase in the key rate of the Central Bank took place on October 22.

Then the regulator immediately raised it by 0.75 percentage points.

It is curious that against this background, over the past three weeks, average mortgage rates in Russia increased by only 0.3 percentage points.

Such statistics are carried out by the company "DOM.RF".

“We see a slight increase in market rates, which is taking place in the context of tightening monetary policy of the Bank of Russia.

According to monitoring data as of November 14, the weighted average market rate on mortgages for new buildings in Russia is 8.66%, for secondary housing - 8.85%, for refinancing - 8.6%, "the head of the DOM.RF analytical center told RT. "Mikhail Goldberg.

In the event of another increase in the key rate of the Central Bank, by the end of 2021, the average cost of a mortgage in Russia may grow to 9% per annum, Nikolai Pereslavsky, an employee of the Department of Economic and Financial Research of the CMS Institute, is sure.

Moreover, in his opinion, in 2022, mortgage rates may briefly rise to 9.5% per annum.

“The dynamics will remain so until the rate of the Central Bank starts to decrease or the regulator at least announces that the increase cycle is over.

This, in turn, can only happen in the second quarter of next year, "Pereslavsky suggested in a conversation with RT.

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At the same time, an increase in mortgage rates in Russia may put pressure on the value of real estate, says Konstantin Aprelev.

As the specialist noted, today 85% of all transactions for the purchase of housing are secured by mortgages.

Thus, the growth of interest on loans will lead to some weakening of demand in the market.

In this case, by the end of 2021, real estate prices in the country should stabilize, and in 2022 they may even slightly decrease, the expert does not exclude.

At the same time, the availability of mortgages in Russia will continue to remain high due to the existing preferential programs, analysts interviewed by RT are sure.

In particular, today Russians can get a loan for the purchase of housing in a new building worth not more than 3 million rubles at a rate of up to 7% per annum.

In addition, families with one or more children born after January 1, 2018 have the opportunity to take out a mortgage at 6% per annum.

In this case, the maximum loan amount depends on the region: for Moscow, St. Petersburg, Moscow and Leningrad regions, it is 12 million rubles, and for other subjects of the country - 6 million rubles.

“In the preferential mortgage segment, we observe not only the preservation of historically low rates, but also their further decline.

For example, rates on the Family Mortgage program over the past three weeks have decreased by 0.03 percentage points - to 4.96%, and on preferential mortgages - by 0.02 percentage points, to 5.97%.

Banks compete for new customers, and therefore offer discounts to the base rate, ”Mikhail Goldberg explained.