Against the background of the Central Bank’s increase in the key rate, VTB raises mortgage rates for the second time since January 10, according to a bank message received by RBC.
The growth will be 1 percentage point, up to 11.3% for both finished and under construction housing. Refinancing of housing loans from other banks is now available at 11.6%. For borrowers who received mortgage approval before February 22, the conditions will not be revised.
The parameters within the framework of state programs remain unchanged. On mortgages with state support, the rate will be from 5.75%. For the Far Eastern mortgage – 0.1%, for the “family” – from 4.7% (from 4.3% in the Far Eastern Federal District).
“We note separately that despite the upward trend in rates under the basic programs, the mortgage portfolio of VTB, like other Russian banks, is growing steadily and is characterized by low overdue debt, so we do not see signs of a “mortgage bubble,” the bank said.
The material is being added.