... support affects the mortgage market, and what prospects await Russians in the coming years - read in our new analytical material. Growth of Average Mortgage Loans for Country Real Estate in Russia: Reasons, Trends, and Prospects Growth of Average Mortgage Loans: Key Data Since the beginning of 2025, Russia has observed an increase in the average size of approved mortgage loans for country real estate. As of January, the average loan amount has grown to 5.679 million rubles, which is 52% higher than the figure for 2023 (3.741 million rubles)....

... borrowing more actively than households, business credit activity has also decreased compared to last year. Mortgage lending, which has been a driver of the credit market in recent years, has also slowed. According to the Central Bank, the volume of banks' mortgage portfolios is expected to grow by only 3–6% in 2025 (forecast down from 3–8%). Government-supported subsidy programs continue to support housing loans, but their impact is no longer as vast as during the period of double-digit mortgage growth. Demand for new housing loans has cooled against a backdrop ...

... stands to gain indirectly. As incomes rise, bank account balances and deposits tend to grow, and demand increases for loans (mortgages, consumer credit) and financial services. Banks can benefit from both higher fee income and potentially lower credit ... ... not a direct driver for the bond market, but the accompanying macro conditions (inflation and central bank policy) are key. In 2025, when nominal incomes are climbing at a record pace, inflation is still elevated – the Bank of Russia is keeping its key ...

... chips, particularly in automotive and industrial electronics. The semiconductor business is experiencing a cyclical downturn in 2025, so attention will focus on TI's commentary regarding inventory and demand in the second half of the year. Intel, another ... ... construction and commercial real estate: an increase or decrease in sales will indicate whether the repair boom continues or if high mortgage rates are cooling the market. PulteGroup (PHM) and D.R. Horton (DHI) – the largest home builders in the US. Their metrics ...

... results. Analysts anticipate: Bank of America (BAC): Potential profit growth driven by increased interest income and activity in mortgage lending. Steady growth in retail banking, even amid slowing economic activity. Morgan Stanley (MS): Attention will be ... ... economic conditions and their ability to capitalize on market volatility. However, experts note that key challenges will persist in 2025: Potential economic slowdown amidst high interest rates. Increased competition in retail banking. Regulatory changes that ...