And why is it? During the year, the demand for a mortgage fell by almost 40%

In January 2025, the demand for a mortgage fell by almost 40% compared to the same period of 2024, said TASS The deputy head of the mortgage department of the federal company Taja Tatyana Reshetnikova. In January, in the secondary market, the number of mortgage applications compared to December 2024 decreased by 17%.

Recall that from January 1, the standard for protecting the rights and legitimate interests of mortgage borrowers began to operate. The Central Bank introduced a mortgage standard to minimize the distribution of high -risk mortgage schemes.

Interest in housing lending remains stable, notes Reshetnikova. In January, the number of mortgage consultations compared to December increased by 3%. Moreover, relative to January 2024, the number of consultations decreased by 38%. The number of applications for the issuance of a mortgage has decreased more noticeable. In the secondary market, compared with the December of 2024, the number of applications decreased by 17%, in the primary market — by 15.7%. In the suburban real estate market, the number of applications for the issuance of a mortgage per month increased 6.4%. At the same time, over the year in the suburban market, the number of applications fell by 64%. In the secondary market, the annual decline was 61%, in the primary — 46%.

According to the statistics of the Sberbank in Moscow and the Moscow Region in January, the demand for a mortgage for a year fell 2.5 times, said the head of Miel in New Khimki, Julia Lvovich. This is due to the abolition of mass preferential mortgage and tightening the conditions of other preferential programs.

The head of the development company «People» Denis Skinin said that many banks have abandoned the simplified coordination of a mortgage on two documents. Due to the fact that people have to collect a full package of documents, some of the transactions were postponed to the end of January or early February.

According to the ARAA member, Grigory Ashchemin, the introduction of a mortgage standard affected the issuance of a mortgage in January. New norms prohibit a letter of credit system of calculations. The control over the credit load of the borrower was tightened. This complicates the process of obtaining and issuing housing loans.

In February, the demand for housing loans will be more confident, and the number of applications for the issuance of a mortgage will grow, Solnikova from the «floors» believes. According to the expert, some potential borrowers were waiting for the indexation of maternity capital. Some banks reduced market rates from 28-30% to 24% per annum. Roma, part of those who put down the purchase of housing in the hope of reducing prices, saw that the situation in the market is not changing, and the apartments continue to rise in price.

source: CYANOGEN