Arrears on mortgage loans is growing

Arrears on mortgages steadily deteriorating, the newspaper Kommersant. Over the year, its share reached 8% of the mortgage portfolio. More than 10 regions the level of delay has exceeded 10% (considered a critical five-percent level), but in the Saratov region exceeded 30%. Given that the country's growing unemployment, 50 billion rubles. allocated State support for mortgage borrowers may not be enough, the newspaper said. As of January 1, the share of overdue mortgage loans in the portfolio of loans repurchased HMLA (105.3 billion rubles.) amounted to nearly 8%, or 8.4 billion rubles. The December 1, 2008 the mortgage delinquency in the portfolio HMLA was 7,5%, on November 1 - 6,5%, on October 1 - 6% on September 1 - 5.95%. Thus, for the last three months of 2008 delinquency on mortgages increased by 2%, showing a steady monthly increase. The data HMLA of delay on the entire portfolio are averaged and do not pale in comparison to the plight of specific regions, stresses the issue.