Credit for the loan

Today, many banks offer mortgages on more favorable terms than a year and a half ago. It is easy to find a loan at 10-12% per annum for the advance payment of 10-15%. But what happens to borrowers who have issued a mortgage before, but want to borrow on more favorable terms? Today, the mortgage lending market, offering the possibility of 12 credit institutions, but their services are still virtually untapped. During the six months was reissued only 35 credits. In 2008, mortgage refinancing was possible in 25 banks, with total loans was rescheduled 130.5 million rubles. But a year later on the market there are only 5 banks (Raiffeisen Bank, KITfinans, International Moscow Bank, etc.), and the year they were re-registered 15 credits. Large mortgage lenders, Sberbank, Bank of Moscow, VTB 24-lending resumed only 8-10 months ago. Today, you can also renew the mortgage with Gazprombank "DeltaCredit", MIA, Alfa-Bank and other organizations. Bankers are counting on the influx of borrowers who took loans during the crisis. The most expensive mortgage was in June 2009, when the average rate on ruble loans accounted for 19.92% and a loan in dollars granted by 15.65%. At the same time a year later the mortgage in rubles could arrange for 16.22% and the currency - at 13.26% per annum. Today, the big banks offer the ability to lending on more favorable terms. In the Savings Bank re-registered mortgage granted by 11,7-13,5% per annum and is ready to lend VTB 24 subprime borrowers at a rate of 13.6%. The maximum rate - 15.35%. Mortgage refinancing is also engaged in AHML, but individuals are easier to work with partner banks of the Agency. However, despite the best deals of bankers, the expected increase in the number of borrowers has not happened. As the website of 100 credits, the total amount of services for re-in the current year amounted to only 35 million rubles, more than half of all transactions were conducted in the Savings Bank. First of all, there was little demand for on-lending due to the small number of mortgage loans received during the period of crisis. In 2009, the number of borrowers who received loans for housing fell by 2.5 times and amounted to 128 thousand people. A mortgage, executed in 2007-2008., Was issued almost on the same terms on which banks are willing to carry out day-lending. Note, however, that the procedures of registration and mortgage lending contract essentially the same and are expensive (from 1.5 to 7% of loan amount). In addition, the requirements of lending institutions to pledge housing may differ, and in-lending loan to another credit institution may simply refuse. Of course, you can try to refinance the loan at the same bank, where the mortgage has been discharged, but it is rather difficult because contrary to the interests of bankers. As a rule, they go for re-registration of the mortgage contract only if the real risk of losing the client. While in Europe perekreditovyvaetsya mortgage if the bank offers a rate of 0.3-0.5% below the baseline, but with the Russian specificity, this difference must be at least 2-3%. Therefore, the demand for banking services will grow only if the mortgage is refinanced at rates below 12-13%.