Total cost of mortgage loans issued in the country in June, increased by 0,2% on the previous month. Compared with June 2009 the growth of this index amounted to 3,4%, according to a report of the bank Absa. It is noted that the average rate on a mortgage in June was 10%. In the same month last year, she was at around 11%. According to experts, the volume of mortgage loans will continue to increase, with the year-end rate of growth will be greater than at present.
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