On the market this year Real estate in Russia is such a state of affairs that it is much more profitable to rent an apartment than to purchase your own home. Dmitry Rakuta, a real estate expert, mortgage broker, told 360.RU about this.
Rakuta believes that this year you should not think about a mortgage, since during the year there will be high expectations rates and its next increase by the Central Bank by 1-2%.
He noted that mortgage rates in banks already start from 20%. A decrease is likely only in 2025, and only by 2026 can they return to the level of 9-10%.
The mortgage broker noted that it is better to be patient and wait. If buyers have cash, then you can consider options with a good discount from real estate sellers.