Ukrainian Mortgage Growth

Ukrainian Mortgage Growth

Ukrainian banks have made twice as many mortgage loans for almost three times the amount of money during the first nine months of this year, the central bank reports in a year-over-year analysis. Through September, banks have issued 7,500 mortgage loans for a total of $230 million, reports the National Bank of Ukraine. The average loan is for $33,000 and the average interest rate is 13.5%. Most mortgages are going to the ‘secondary’ market, for existing housing stock.

Share!

Related posts

Ukrainian 2021 GDP Hits New High

Ukraine’s GDP Sets a Record for 2021, With External Borrowing Lower and +45% Increase in the...

Continue reading

Turkey and Ukraine Sign FTA

A Free Trade Agreement (FTA) between Turkey and Ukraine has been signed eliminating customs on...

Continue reading

Another Record Harvest

For the fourth year in a row, Ukraine has beaten its agricultural export record. In 2021, Ukraine...

Continue reading