The initial installment is now a minimum of 20%, some banks require at least 30% of the credit facility. Some banks have reduced the maturity of the loan up to 10-15 years. If the cost of apartments in the $ 250 thousand minimum borrower’s income must be at 6-7 thousands of dollars a month “- he points out.

Tightening the rules of Jumbo mortgage leads due to lack of liquidity at banks, of course, affect the plans of many Russian families to purchase housing.

However, underscore the agency’s interlocutor, this is just the tip of the iceberg, as the decline in demand for housing, and, above all, for apartments in new buildings can lead to stagnation of the construction market in general and even a significant price declines in some segments of the residential real estate.