Public joint-stock company "Sberbank Russia" raised rates on a mortgage on 0,5 percentage points

Public joint-stock company "Sberbank Russia" declared increase of rates on a market mortgage on 0,5 percentage points. The decision explains with change of "market conditions", in particular growth of profitability of bonds federal loans. "Rates on a mortgage are influenced by a number of factors besides a key rate of Central bank Russian Federation (Bank Russia). So, within nearly a month growth of profitability of bonds federal loans, both long-term, and short-term was observed that influenced increase of rates on the mortgage loans at a number of banks" — the representative told Public joint-stock company "Sberbank Russia" to journalists (the quote on information agency "Interfaks"). Bank notes that existing market conditions "not...