Household mortgage debt increased by 0.3% in March 2026 after a 0.2% increase in February. This is reported in the materials of the Bank of Russia.
The regulator explains the weak dynamics by the high demand for "Family mortgages" in November 2025–January 2026: borrowers took out loans before tightening its terms from February 1, 2026.
The volume of mortgage loans in March increased by 14% to 330 billion rubles after 290 billion rubles in February. The share of state-backed mortgages accounted for 60% of the total disbursements, as in February. 159 billion rubles were provided for the most popular "Family mortgage", which is 11% higher than in February.
Market mortgages were issued for 137 billion rubles in March, after 116 billion rubles in February. The average rate on market loans issued in March decreased to 18.5% per annum from 19.1% in February.
