Photos of day

Date: 2 months ago   Category: Finances

Nabyullina: increase in a rate of the Central Bank will lead to reduction in cost of a mortgage


Elvira Nabiullina.
The reason, according to the head of the Bank of Russia, in decrease of the inflation rate which follows increase in a key interest rate. Whether experts agree with Nabyullina's conclusions? Elvira Nabiullina. Photo: Anton Novoderezhkin/TASS can lead Increase in a rate of the Central Bank to decrease in a rate on a mortgage. Such quite unexpected conclusion was drawn by Elvira Nabiullina. The head of the Bank of Russia acted in the State Duma. Deputies among other asked about the reasons of recent increase in a rate and in this light about when the mortgage becomes even more available. Nabyullina told that, raising a rate, the Central Bank reduces inflation. And it, including, will lead to decrease in mortgage rates. Elvira Nabiullina the chairman of the Central Bank of Russian Federation "Mortgage loans — at us rates really decreased and to the middle of summer of this year reached a historical minimum. And growth rates rather high on mortgage loans, and the analysis shows that it occurs because we keep inflation under control. And increase in a key interest rate is directed to keeping inflation under control so that the long-term credits — also decreased on them rates. And we recognize that it will occur on mortgage loans". Not all interviewed economists agreed to comment on Nabyullina's statement. For the reason what usually occurs on the contrary. If the Central Bank raises a rate, then also the credits rise in price. And if reduces, then the credits become cheaper including housing. On the other hand — increase in a rate in our realities not really promotes decrease of the inflation rate, the adviser for macroeconomic of the CEO of the Otkrytiye-broker company Sergey Hestanov continues. Sergey Hestanov the adviser for macroeconomic of the CEO of the Otkrytiye-broker company "In the Russian realities increase in a rate poorly mentions inflation as the Russian inflation, generally carries not monetary nature. Though, purely theoretically, strongly raising a rate, is much higher than habitual levels, it is possible to achieve decrease of the inflation rate. But if inflation is reduced thus, absolutely unclear as it can promote depreciation of mortgage loans as one of components of cost of a mortgage loan is the cost of money because after the noticeable growth of a rate, most likely, the cost of money will increase a little too. The last years in Russia, as a rule, it is less rate of the monetary market, than a rate of the Central bank. But it is possible that, if it is strongly raised, over time the monetary market will raise the rates too. And, respectively, this phenomenon can bring reduction in cost of a mortgage due to decrease of the inflation rate to naught, and even give boomerang effect". In September the Central Bank raised a key interest rate for 0,25%. It occurred for the first time since shock winter of 2014. To add BFM.ru to your sources of news?

URL:


Today

just now

Thus the bank just disguised penalties which the law "About a Consumer Loan" cancelled in 2014, experts say. The Central Bank noted that under the law the bank has to report to the debtor about existe...

just now

No personnel decisions on it are made yet, but about the future replacement of the leadership of anti-extremism division wrote several large media with reference to informed sources Timur Valiulin at...

an hour ago

The captain of Spartak does not mince words, promising to reach "the tops". Darya Glushakova submitted the application to the police Denis Glushakov. Photo: PA Photos/TASS the Telegram channel Mash pu...

an hour ago

The team of the program constructed a big verandah on giving parents of the official representative of the MFA that revolted some users of social networks. Maria Zakharova already answered claims Mari...

2 hrs ago

News, at first sight, from the category of improbable: Lada took the second place in the world. Better sales only grew at Photo Mitsubishi: Egor of Aleev/TASS the Neighbourhood at Lada pleasant: on th...

4 hrs ago

SK and prosecutor's office carry out an inspection of media reports on charge signatures by neighbors for eviction of sick children because cancer, according to them, is infectious the Photo: Vyachesl...

4 hrs ago

Residents of the house in Maryino complained of frank video which began to be shown on the multimedia screen at their entrance. How it could occur and whom to blame? Photo: depositphotos.com at the Mo...

5 hrs ago

20 years of friendship and collaboration do not make people close "in that sense in which treats the law". So the judge who did not release the human rights activist decided to say goodbye to the head...