The new key rate value and the mortgage market in 2021

Metreveli Elizaveta Georgievna

The article examines the main aspects that are predicted by experts in the field of mortgage lending, which can be expected as a result of the rise in the key rate. Analysts note that mortgage rates themselves are not expected to rise. However, the associated costs can increase significantly. Also, concessional lending programs are ending. This will generally have a negative impact on the mortgage market, which is expected to shrink in the very near future.

Keywords:key rate, mortgage market, credit, Central Bank, commercial real estate