The current state and prospects for the development of mortgage lending in the Sverdlovsk region

Mortgage lending occupies an important position in the economic development of the modern state, determined by the fact that for many citizens a mortgage creates the only available opportunity to purchase their own housing and thereby improve the quality of life. The purpose of the work is to analyze the current state of mortgage lending in the Sverdlovsk region and develop recommendations for its development. In the article, the authors investigate the development of mortgage lending in the Sverdlovsk region. The relevance of the chosen topic is substantiated. The existing problems in the field of mortgage lending in the regions are identified: market imbalance, lack or insufficiency of measures to support borrowers. The indicators of the mortgage market of the Sverdlovsk region are analyzed: the number of mortgage borrowers, the structure of the mortgage lending market, the volume of mortgage loans issued and other indicators. The trends of mortgage lending in the Sverdlovsk region are formulated: the growth in demand for lending to real estate in the primary market, the growth in the number of loans issued. Based on the analysis, the problems of mortgage lending in the Sverdlovsk region are highlighted: low involvement of regional banks, weak regional support. Recommendations for improving the mortgage lending market are given, namely, the conditions of regional mortgage programs are proposed.