OREANDA-NEWS Mortgage issuance standards have worsened in Russia — almost every second loan is issued to citizens with a debt load of 80 percent or more. This was stated by the head of the Financial stability Department of the Central Bank Elizaveta Danilova, her words are quoted by RIA Novosti.

"Risks arise in our mortgages too. The share of loans with a debt load indicator of "80 percent plus" in mortgages has recently been even greater than in unsecured loans — 40 percent," the representative of the regulator said.

Simultaneously with the increase in the number of loans issued to credited citizens, the share of loans with a low down payment is increasing. For mortgages issued for primary housing, such loans are already 66 percent. This creates "grounds for measures" on the part of the Central Bank, Danilova stressed.