Home  Journals  Finance and Credit  32(608) - 2014 August

A role of residential mortgage loan in supportingeconomic growth

Available online: 22 August 2014

Subject Heading: MORTGAGE AND HOUSING CREDITING

JEL Classification: 

Pages: 56-61

The article studies the interrelation of supply and demand for residential real estate with residential mortgage loans through household incomes. It considers such important factors as house price, interest rates for loans, “channels of lending” and specifics of granting mortgage loans by banks. The author uses statistical data and the results of correlation analysis of conditions of housing markets and residential mortgage lending development in 2006–2012. The article stresses the impact of residential mortgage loans and mortgage-backed securities on the cycles of housing market.

Keywords: residential mortgage loan, demand, supply, house price

References:

1. Den'gi, kredit i banki: uchebnik [Money, credit and banks: a manual]. Moscow, Finansy i statistika Publ., 1998, 448 p.
2. Zhilishchnaya ekonomika [Housing economy]. Moscow, Delo Publ., 1996, 224 p.

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 3 March 2024

Archive