Banks don't want to refinance mortgages
Banks don't want to refinance mortgages Borrowers faced with the reluctance of banks to refinance existing mortgages on more favorable terms: such an application can be considered by the Credit Committee within 2-3 months, but in the end the client is still denied a reduction in the rate. The current boom in Russians' requests for refinancing of current liabilities is related to the reduction of the weighted average rate on housing programs (from 11% to 7.0%) , as a result, its value has reached a record low...