Mortgage banks have resumed for 40

28.09.2011 00:00
Articles about real estate | Mortgage banks have resumed for 40 Mortgage market stabilizes, and the number of banks, which resumed mortgage housing is increasing every day. This was stated by chairman of the board of the State Mortgage Institution (SMI), Victor Mirgorod.

According to his words portal, the SMI program now operates in 17 facilities under construction throughout Ukraine, six sites have already been put into operation. As of September 1, 2011., The total amount of loans on these sites was 341.1 mln. or 2.5 thousand flats.

Related article: Affordable housing loans in Ukraine will not be another 10 years

Banks to resume lending programs. As of July 1, the number of banks that provide mortgages, rose to 40. "Since the beginning of 2011. The number of banks providing mortgage loans, has increased markedly. Average mortgage rates have stabilized at 16.7%", - said Victor Mirgorod.

Recall to date mortgage rates offered by Ukrainian banks, ranging 16-20%. However, developers argue that such terms are unacceptable to the public, and call a reasonable rate of 10%.

Content tags: Mortgages
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