Macroeconomic determinants of the mortgage loan

Abstract

© 2020, Universidad del Zulia. All rights reserved. This research aims to assess the relationship of macroeconomic indicators and those related to the banking sector of the economy. They will be considered with the volume of mortgage loans granted on the example of the russian economy. It is shown that the increase in the weighted average mortgage rate is correlated with the increase in the volume of mortgage loans; the increase in the average nominal wage contributes to the increase in the volume of mortgage loans. The direct relationship between the volume of mortgage loans and problem mortgage debt can predict the inflating of the "credit" bubble.