Mortgages without government support are gaining momentum, despite rates above 20% The share of mortgages in the market in Russia, for the first time in more than two years, exceeded half of the issuances. In October, such loans accounted for 53.1% of Saber loans, said Alexey Leipi, director of the Domkalica department. The volume of issues reached ₽113.7 billion. At VTB, the share of mortgages in the market increased to 52% compared to 38% in September. The flow of demand is related to changes in the terms of family mortgages from October 1. After the rush in September, issuances under this program at Sberbank fell 4.4 times, to ₽68.4 billion. Its share in the total volume of loans decreased from 74% to 32.1%. However, market mortgages remain expensive. For example, when buying a new building in Moscow for 15 million ₽ with a down payment of 20% and a rate of 20.7%, the monthly payment will be about 210 thousand NIS. If you take a loan for 30 years, the excess payment will exceed 56.5 million ₽ with a loan amount of 12 million ₽.