10 trillions per mortgage. By 2020, the debts of Russians for housing will double
Mortgage lending is growing 70% per month. The Central Bank and experts believe that there is no bubble in the market. MAIN Photo: Bookmama / Flickr / ( CC by 2.0 ) By 2020, the debt of Russians on mortgages will grow to 10 trillion rubles from the current 4.8 trillion, the agency for mortgage housing lending (AIZHK) predicts. For such growth, bank rates should continue to decline.