An expert suggested the only working method that allows you to avoid a gigantic overpayment on a mortgage.
Realtor Konstantin Barsukov shared a comment on this topic.
In a conversation with NEWS.ru , he said that only early payments really help save on a mortgage.
“It doesn’t matter whether you pay off the interest or the principal of the loan, the main thing is to make early payments regularly,” the specialist shared.
In October, average weighted mortgage rates in Russia increased and exceeded 25% (25.4% for new buildings and 25.43% for secondary housing). At the same time, in some banks they reach 27%.
Mortgage rates soared after the Central Bank's decision to raise the key rate from 19% to 21%.
At the same time, experts admit that the regulator will increase the “key” again in December.
Analysts believe that by the end of the year the figure will reach 23%, which will accordingly lead to a change in interest rates on loans and deposits.
