Posted 10 января 04:51

Published 10 января 04:51

Modified 10 января 09:32

Updated 10 января 09:32

Sberbank raised mortgage rates

10 января 2023, 04:51
Sberbank raised mortgage rates on housing in the primary and secondary markets by 0.5 percentage points. Since January 10, in both segments, the minimum rate has increased to 10.9% per annum, whereas previously it was 10.4%. The bank explained the innovation with "current market conditions".

The rates for programs with state support have not changed, RBC clarifies. According to these programs, the rates are at least 7.3% per annum for the construction of a house and from 7.7% for the purchase of housing in a new building. "Family mortgage" has a rate of 5.3% for the construction of a house and 5.7% for the purchase of ready-made housing. The conditions for obtaining a mortgage loan are also being tightened by other credit organizations.

Officially, preferential mortgages increased from 7% to 8%, but the increase in rates affected other banking products. For example, VTB issues a mortgage with state support at a rate of 7.7%, Alfa-Bank raised the mortgage rates with state support by 1 percentage point to 8%. The rate on housing loans in the secondary market rose from 12.09% to 12.29%. For refinancing - from 11.79% to 11.99%. Since January 1 of this year, Promsvyazbank has increased the rate from 6.35% to 6.5% on a preferential military mortgage, and "Dom.

RF" raised the rates for preferential mortgages on new buildings from 5.7% to 6.7% for construction and from 6% to 7% for purchase. In early January 2023, the Russian authorities approved a preferential mortgage program in the annexed regions.

The rate for such a program will be 2%. The maximum loan amount is 6 million rubles. A preferential mortgage assumes an initial payment of at least 10%.