Interest rate on loans for housing on the secondary market continues to grow

21.07.2008 00:00
The average interest rate on loans for housing on the secondary market for 20 years in July rose: in UAH - to 2.68 percentage points - up to 20.24% per annum in dollars - by 0.76 percentage points to 14, 44% in the euro - by 0.68 percentage points to 13.37% per annum compared with data for May, according to a company press release Prostobank Consulting (Kyiv).
According to experts of the company, given in a press release on housing loans will go up further. In addition, it is expected an even greater tightening of the requirements and restrictions on loan terms.

"Until the end of the summer rates will remain at the same level. But, beginning in the fall, could be raised even higher. Everything depends on the level of overall liquidity in the period of" active "lending. At the same time, to meet existing demand, limiting the mortgage will be take place by tightening the requirements for the borrower and the lending restrictions on timing, "- presented in a press release the words head of the department of product development of retail business VAB Bank (Kiev), Anton Shaperenkova.

However, in the past two months is a slight decrease in the value of individual proposals. In particular, over the past two weeks, mortgage loans on the secondary market in grivna for 30 years, fell 0.61%.

Company Prostobank Consulting "is engaged in the regular market research of retail products of commercial banks.
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