Mortgage debts rise 15% in Russia

14 August 2014 (13:32)

August 14, 2014. The volume of mortgage debts (considering only the mortgages issued in rubles) rose by 15% (up to 2.921 trillion RUR) by July 1, 2014 compared with the end of 2013, the Central Bank of Russia’s website states.

This figure is also 35% larger than the one for July 1, 2013 (2.154 trillion RUR).

At the same time, the volume of overdue mortgage debts came to 26.326bn RUR on July 1, 2014, which exceeded the figures for January 1, 2014 (25.443bn RUR) by 3.5% and fell short of the figures for July 1, 2013 by 1.6%. On June 1, 2014, the figure stood at 26.354bn RUR.


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