Family mortgages move from capitals to regions after changing the terms of the program.
In October 2026, after new conditions for family mortgages came into force, the share of capital regions in VTB issuances decreased significantly. At the same time, the share of the North Caucasus, the Urals and the Volga region increased, as shown by the bank's data.
Moscow's share dropped from 24% in January-September to 15% in October, Moscow region - from 9% to 5%, St. Petersburg - from 10% to 6%. In the Leningrad region the figure remains at about 3%.
At the same time, the share of the North Caucasus Federal District increased by 1.6 times, the Ural Federal District by 1.4 times and the Volga Federal District by a quarter. According to Sergey Babin, head of VTB's mortgage lending department, the share of capital regions has dropped from almost half to a third of transactions, and this proportion may remain.
As of October 1, the rate and the maximum loan amount for a family mortgage depend on the number of children and the area of residence. The maximum subsidy period was set at 15 years.
Against the background of the changing conditions, the total volume of mortgage issuances in Russia in October decreased by 49.2% compared to September, to 308.8 billion rubles, and the number of loans - by 38.8%, to 75.5 thousand. According to Sberbank, issuances for the purchase of new buildings decreased 3.1 times, to 88 billion rubles.