This is stated in the review Prostobank.ua.
According to experts, the average real rate on mortgage loans on the secondary market at the beginning of October 2010 is 21.3% per annum.
Related article: Granting loans for the construction works were less likely
According to the data directly in the mortgage market over the month since the last similar review of the credit segment, "secondary housing has acquired two new players (currently 17) of the 50 leading banks by assets. Average interest rates on loans for secondary housing fell for the month (the date of the study on Sept. 13, 2010) is extremely sharp - while on the term of twenty years the average rate has finally dropped below 20% per annum.
Segment lending, "the primary" bail herself got two new players among the top 50 (currently nine) - one in the lending sector without localization object under construction, another - the lender a specific complex under construction near Kiev. The average rate on loans to a primary substantive changes are not undergone (for all terms 21.27% -21.58% APR), "- noted in the review.
On the resumption of programs of the State Mortgage Institution to refinance mortgage loans through banks in the fourth quarter of 2010 would send 2 billion UAH. According to preliminary estimates of experts, the cost of concessional loans for the Ukrainians, taking into account the margin of the bank will be at 17-19% per annum.
Concessional lending to cooperate with the State Fund for Youth Housing Assistance provides yet one financial institution - Kreditprombank. Credited to an apartment in a building under construction in the village of Seagulls Kiev area (apartment complex "Brest-Litovsk). Advance 30%, 5,10,15 years time, real rates of 15.23% -15.69% APR.
The newspaper reminds that last week the Foundation for Youth Housing Assistance and Minregionstroya issued a statement that the young families to resume lending to housing. For these purposes, the government allocated 40 million hryvnia, which is shared between the regions. In addition, it was stated its intention to repay the Fund to the Bank for the past period. The Fund expects to fully cover all the debts before the end of 2010.
As previously reported, the June-August, mortgage loans on the secondary market with long periods fell by almost three percentage points.