A few years ago the population absolutely had no idea about the mortgage. Negligibly small part of Russian families was able to take advantage of the proposed terms by banks on predatory mortgage today annual interest with a large down payment.
To date, the mortgage used for only 2% of Russian families. While the improvement of living conditions according to the Federal Agency for Construction and Housing of needs 61% of the population. To solve this problem without the involvement of credit may be a small part of Russian citizens, about 9-10%, the rest remains the only way out of this situation - use mortgage loans.

   Today, consumers of this type of loan product offers a very different conditions than at the dawn of mortgages in our country. Mortgage loan offer 350 banks, offering more than 1000 loan products. Get a mortgage today can be up to 30 years, under 9-10% per annum in dollars and 10-12% in rubles with an initial contribution of 10-30%.
Leaders in the use of mortgage loans are the Moscow region (Moscow region), and St. Petersburg, followed by Volga, Siberian, Ural, Far East and South District. You can see the stable trend of increasing the share of regions in Russia's mortgage lending.

   To date, the successful development of the mortgage rests against some obstacles. The main factors include the following:

 Low volumes of construction and commissioning of new housing (average per year should be an increase for Russia 145 million square meters per year, while the same holds only a third part). To solve this problem requires a comprehensive approach. "Politics in this area should include vigorous action on several fronts, - says the president of the Association of Regional Banks of Russia Alexander Murychev. - As a principal of the important ones are: overcoming the shortage of land with development of engineering and municipal infrastructure, ensuring competitive nature of the distribution of land for development, development of productive capacity building complex and the establishment of effective mechanisms for financing development. "
 Limited capacity to pay of the population. With the rapid growth in property prices to the population just hard to cope with the monthly payments on mortgage loans when it comes to "clean" purchase. Also, checking with the bank a certain amount for a loan and not having time to pick up the option to buy because of soaring prices, borrowers must again turn to the bank, but for a different amount.
 It is not enough low-interest loan, compared with the U.S. and Western Europe, where interest rates at 3-7% per annum. Today Russia can get a mortgage 9-10% per annum in dollars and 10-12% in rubles. Of course banks are going to lower rates. With the arrival of foreign investors in the Russian market can be expected to substantially lower interest rates.
 Psychological factors: the people are simply afraid to borrow such large sums of money for 15-20 years, for fear of uncertainty as to the economic stability in the country, and in their lives. The population is simply afraid to end homelessness. However, there are only isolated cases of loss of apartments as banks are primarily interested in getting issued for the purchase of an apartment loan funds.
 Imperfect legislation: to amend the regulations to protect the interests of creditors and the rights of borrowers. Serious obstacles exist for banks to lend to new and unfinished housing, where there is no right of ownership to housing and can not be imposed encumbrance. The slow pace of development and improvement of legislation hamper the development of mortgage lending.
 The need to simplify procedures for obtaining a mortgage loan and mitigation requirements of banks to the borrower. To do this, much has been done: many banks are willing to take into account when calculating the solvency of the borrower's "gray" salaries, consideration of the application was reduced to a few days, the initial payment on the average 10-30% and some banks are willing to give credit even without a down payment.
 Also reduce the popularity of a mortgage loan from the population, various additional costs of obtaining credit and commissions, which can significantly increase the interest rate for credit use. However, for the last, in 2006, many banks have abandoned most of them.

   For further development of mortgage lending requires a comprehensive approach, said a member of the Duma Committee on Taxation, Alexander Kogan. It is necessary to "inform people, raise their incomes, to remove bureaucratic barriers. In addition, it is necessary to debug the system for granting land plots for new construction, to increase its volumes, including using new technology. "