mortgage market in Russia is increasing every year, and interest rates, in turn, is only growing.What is the reason and how to guess the least period rates, the best time to take the credit, and whether to wait lowering interest rates in the future?Let's try to answer these questions.
To date, interest rates rose to an average of 13-13.5% for a borrower with a small down payment and credit for 20 years.
reason for such high interest rates is the level inflitsii level, as well as political instability in the country in recent years.At various times, the interest rates may be climbing or falling.
Usually, banks cut rates in the spring and especially autumn, when there is the peak of the real estate purchase.At that time, many banks have discounts and they lower interest rates.This is the most favorable time to take a bank loan.
But the stakes in the banks anyway very high, and even a reduction of 2 per cent will result in the end in a huge overpayment.So it is necessary to be realistic and understand that a loan - it is a big responsibility and you need to be ready chotby pay the loan for a long time.As for the long-term trends, the forecasts are not comforting.It can be said that in the foreseeable future no significant reduction in mortgage rates is expected.
And surprisingly - often take a loan can be very problematic.This is due to the fact that in Russia a very large category of borrowers, which is employed and receives income in an envelope.Another category of borrowers with loans already open or delay them.And there are borrowers with a set of options at once.As the complexity often arise from the owners of the business, which banks lend to creak.
In all these situations comes in support of a mortgage broker.It also happens that the borrower understands the nature and use of credit brokers and wants to save time and get preferential treatment from the banks, which subsequently will translate into savings of large sums of money.
Mortgage broker - an organization or a person well versed in credit products and credit conditions that are present at the moment in the market.One of the leading credit broker - the company Solum.
One would think that mortgage brokers - the extra expense of the borrower, but if you look at the situation from the other side - it becomes evident that a mortgage broker in almost all situations saves money zaemshika!As it happens - it is very simple:
have credit brokers have partnerships with banks, insurance and appraisal companies, making it CREDIT UNION brokers have discounts on interest rates to their customers and increase the chances of approval of the loan the borrower.On the page of the site Solum dedicated mortgage you can find
Turning through brokers you get a much higher chance of approval koedita sinceBanks appreciate the partnership and love to work it through the brokerage agency.
remains to say: be careful with interest rates and additional payments on loans.And right now, you can advise to take a loan with a variable interest rate and the possibility of refinancing in a year or three years - at the moment it is much cheaper than fixed rates.Perhaps by this time that you will be able to refinance the loan at a constant rate with a lower percentage.
