Mortgage curled

Banks Finansy02-10-2008 Mortgage curled up over 60% of Russian banks involved in mortgages, stopped or significantly reduced and udorozhili loan program home purchase. Thus, banks have decided to wait out the "time of troubles." Those who are counting on the mortgage, apparently, is also better to lie down on the bottom. A year ago, reported that Moscommertsbank suspended issuing mortgages stir among the public. However, predictions about the mass of this phenomenon is only now coming true. One after the other banks are reported to reduce their lending programs. Today, for them joined the Moscow Credit Bank (ICB). "For mortgage loans, we have stopped issuing. And be honest about this pledge. No one has any understanding of the value of money "- told reporters the president of the bank's Roman Avdeev at a press conference. His deputy, said that the issue has ended 10 days ago and will start, tentatively, until November. A few days earlier the chairman of the Board of Directors of Home Credit and Finance Bank - one of the leaders of the consumer credit market - said the bank will soon stop lending to mortgages and buying cars. Another notable player - Raiffeisenbank has recently announced the closure of mortgage programs to purchase apartments in the primary market.