To the Issue of Mortgage Housing Lending in the Russian Federation

Abstract

In modern realities, the mortgage market is an integral part of the financial market. This research examined the housing mortgage lending market, which is the most important component of the credit market, the dynamics of which depends on a variety of factors, both socio-economic, legal, and geopolitical. The situation of the housing mortgage market has a direct impact on a significant part of the industries and spheres of the Russian economy, affects the ability of citizens to pay their debts and accept new monetary obligations. Issues related to the influence of individual factors on the state and development of the housing mortgage market are of particular interest, and are reflected in various kinds of research. However, the impact of key factors, taken together, on the dynamics and qualitative characteristics of the mortgage market seems to be insufficiently studied while they are extremely significant and relevant for identifying the growth potential of the housing lending segment. The research found that the identified problems in the field of mortgage market are complex and cannot be addressed by using any one tool.