Mortgage lending in the modern world. Basic concepts and types of government support programs

This article examines the role and development of mortgage lending in the Russian Federation at the present stage, and also provides the main regulatory and legal acts that regulate this issue. The existing programs of state support for mortgage lending that exist in 2024 are considered and analyzed. The main elements of the mortgage system are named, including such as banks, insurance companies and appraisal companies, and the relationship between sellers and buyers is studied, as well as secondary connections occurring due to financial institutions, insurance and appraisal companies, and notary offices. The volume of mortgage loans provided, as well as existing mortgage debts, were analyzed. Mortgage loans play an important role in the development of any state, including the Russian Federation, influencing not only economic growth and the financial market, but also the standard of living of the population and the banking system. Currently, mortgages play an important role in regulating the demand for housing in the real estate market, helping people to acquire affordable and their own housing. It helps to establish social stability in the country. Today, this is the most popular option for purchasing housing.