The Central Bank of Russia intends to introduce four macroprudential limits on the issuance of mortgages, but will use only two. The first restriction applies to the limits on finished housing, the second - on real estate under construction secured by pre-school security.
Among the reserve limits are loans for individual housing construction and other loans, in particular, consumer loans secured by housing. The Central Bank would like to introduce a separate limit for microfinance organizations. Earlier, the Central Bank recorded the emergence of new schemes that carry risks when purchasing housing under construction.