Mortgages in Russia Now Even Harder to Get
Oct 13th, 2008 | By RT Staff | Category: International RealtyWhile real estate prices continue to hold near their highs, banks are preparing for a decline in property values by tightening mortgage requirements, making it harder for consumers to receive a loan.
“I’ve called all the banks, and each one said they were in the process of renewing their terms and regulations,” said Mikhail Sergeienko, a [...]