Passive clients in real estate are concerned not only Realtors, but also banks. In the fall of the bankers said that the potential of Russia's mortgage market is huge. What the Russian market crisis will affect not so much as on the west. However, the mortgage client ran out of the market. The reasons are clear - mortgage programs tightened or closed. People have their own problems - with work, with the money. But some experts believe that it is time to go back to the people and the market, and one of the reasons for his absence - flow of negative information that pours from the screens of TV, print pages and computer monitors. March 12 at mortgage bank "Delta Credit" held a consultative seminar on "Program Residential Mortgage Bank. A new approach to assessing solvency of the borrower. Implementation of apartments, which are pledged to the bank. How to work in new conditions, "which was organized by the Moscow Association of Realtors. At a seminar attended online magazine reporter about the property Metrinfo. The convening of the seminar was caused by the new state of affairs in the mortgage market. As the director of the Center of the Agency Mortgage bank "Delta Credit" Chuvilkina Tatiana, now banks are not experiencing such a shortage of money, as it was a few months ago, and are ready to issue mortgage loans at competitive price. However, the expected influx of borrowers do not proichodit. People think that a mortgage given by 35% per annum as the main reasons for the refusal of people from mortgage lending seminar participants called, in general, is well known: higher interest rates, the risk of further lowering the price of the purchased property, the volatility of exchange rates and a reduction in the target audience. However, most of the "seminary" felt that the refusal of the loan due now not raise interest rates. Given that the initial payment has also increased the total amount of loans has fallen, and monthly payments, so the amounts were the same as they were last year. The main reason for the lack of mortgage client in terms of audience - there is no positive information about the proposals on mortgages from banks and interest rates on them. Thus, according to the deputy director general of the mortgage company "Miel Brokerage" Irene Kazhikinoy, the majority of potential borrowers believe that banks provide mortgage loans only under 35%. Therefore, in its opinion, taking a mortgage is now only those who are without it simply can not do. Thus, a large percentage of borrowers are sold the apartment in 2008 for the Dollar, and for some reason had not had time to translate them into dollars. Often take a mortgage, those who bought the apartment for children. Most buyers just get the money to the required amount. With most of the money they already have. This information was confirmed speakers at the seminar and realtors: a large mass of borrowers are members of alternative transactions. Someone wants to change to a smaller apartment more, but not having the entire amount necessary to pay the difference in price, to resort to a mortgage loan. Why loans were not available according to Tatyana Chuvilkinoy ("Delta Credit"), in the past year, the average loan amount was 150 thousand dollars. At the present moment it has fallen to $ 70 000, and in the regions and up to $ 50 000. At the end of last year really was a time when many banks were not "long" money and they closed the mortgage. And this led to the media loudly proclaimed the market: mortgage died. After all, if a scheme to provide a simplified way, that our banks borrow money from foreign counterparts under the same interest, and then make loans to domestic customers to other, larger - taking into account many factors, including inflation in the country. The difference between the interest rates banks, among other things, there. So, with the fall of 2008 foreign banks for some time ceased to lend our financial institutions. why they become available again after the new year, however, the picture has changed - the state banks of Western countries and the Fed lowered the refinancing rate to record lows. So, December 16, 2008 Open Market Committee has decided the U.S. Federal Reserve to lower base rates from 1% to 0.25%. Such low rates the Fed was not in its entire previous 96-year history, and one percent level only once - June 25, 2003. Until the end of the same in October 2008, that is, until, when it dropped for the first time since 2006, the rate was at 5.25%. So now that the Russian banks again an opportunity to borrow money in the West. However, borrowers do not like dollars, however, the West can offer banks only dollars that Russian borrowers now prefer not to. This is despite the fact that the dollar loan is much cheaper ruble. To date, we can take a dollar loan at a rate of 11% per annum. The reason for refusal is also clear: wages because our people are in rubles, and if the exchange rate will continue to decline, an increasing percentage of their salary will go to repay the loan. In the end, may come a time when not to lose the apartment, they will have to sit on bread and water. Fraternal experience: not everything is bad, what's going on Yushchenko This situation, incidentally, has already occurred in the Ukraine. As the correspondent of the Internet magazine about real estate Metrinfo Victoria Birch - the owner of Kiev company "Betula" - those people of Kiev, which in recent years has taken a mortgage is not in UAH, as the dollar or the euro, were in very dire straits. Thus, in June 2008, the dollar was worth 4.7 hryvnia, in late February, its rate was already 8.8 hryvnia. Torque, thus, increased 1.87 times, and given that the hryvnia exchange rate in cash in exchange reached 11 currency borrowers had to pay on average two times more than six months ago. True, the torque increases. It has already reached rate of 7.7 hryvnia per dollar, but the situation has improved slightly dollar borrowers. But then, in the summer, when the hryvnia has grown, and he urged Yushchenko Ukrainian central bank to return to the level of UAH 5.05, seemed to take foreign currency loans are much cheaper than UAH. But today, according to Ms. Birches Ukrainians are taking dollar loans because the rate on them below. If the rate on the loan of UAH on the average - 16.67%, then on dollar - about 9%. In addition, banks have gone out to reduce the initial payment on dollar loans. Hryvnias credit can be obtained with a 33-percent down payment, and the dollar - and 15 per cent. This reduction in initial payment was for the banks, even beneficial, since it increases the average loan. In addition, we can not ignore and a significant drop in housing prices. Now that you have fallen and prices, and the initial payment, in line for mortgages rose up, who last year could not have dreamed of taking to improve their living conditions. Why did the Ukrainians are not afraid to take a dollar loans? As Victoria Birch assured us, the employers agreed to pay borrowers to link to any amount of hard currency. Now, in any case will mean so much kievlyanin hryvnia, as will at that time cost $ 750. And what about the ruble credits? As argued participants, ruble-denominated loans in bank portfolios are - they are just more expensive - the rate of 14.5% per annum. However, they are still in short supply. It turns out that the central bank simply does not sell them to commercial banks in the required amount. Why? The official explanation for this: the appearance in the back of a large number of credit rubles more will spur inflation. But the banks are willing to buy from Central Dollars for loans made in dollars from the Americans. In this case the dollar, by contrast, become cheaper relative to the ruble. This financial authorities also do not want, and that the only acceptable explanation is: the appreciation of the ruble unprofitable commodity exporters. Summary of Internet Journal of Real Estate Metrinfo Not everyone, even planning to take a mortgage and move into a new apartment ready to do it today. Most people outwaits crisis, rightly judging that to not fat, I would live to be. But for those who dare, perhaps, something to be advised. For example - to follow the example of the Ukrainians and persuade your employer to fix wages in hard currency. Good employees do not roll on the road, and if the employer is sane, then he can go towards valuable frame. Banks are the same, maybe it would cost to reduce the initial contributions. People who earn a lot in our country is still enough, but those who have already managed to accumulate almost a third of the purchase price - a little bit. Monthly pay these people agree more, but those who do not have an initial payment, the banks did not come.
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