Wednesday, November 9, 2011

Recipe for an affordable mortgage

Nedvizhimost11-03-2009 Recipe affordable mortgage What you need to do to mortgages again become available? The answer is obvious - to reduce the cost per square meter and the rate on your mortgage. But here's how it all must fall to affordable housing has become a significant part of the country? The national project "Affordable housing" was intended to expand opportunities for the acquisition of housing by a majority of the population. It was supposed to do, increasing at times erected in the year the area of ??housing, as well as by reducing the rates of mortgage loans. The crisis has confused maps, leaving affordable housing only in the form of certain social programs in the State. Even they are losing their relevance in the current economic conditions. Specialists manage strategic analysis Panorama Estate to try to get the example of Moscow - what adjustments are needed to local social programs. Under the "availability" analysts include the option to buy an apartment in the mortgage secondary market value of the primary market capital of a family in which there are two adults who receive an average salary in Moscow. In this case, one of the salaries can be directed to repay the monthly payment on the loan. It is clear that this scheme is very far from the real situation, but it is possible to trace how the real purchasing power is far from the current market situation.

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