VTB: Issuance of "family" mortgages in the Nizhny Novgorod region increased by a third in June.

      On July 6, 2026, at 17:09, Economy: In June, the number of transactions for "family" mortgages at VTB in the Nizhny Novgorod region increased by 31% compared to May, and their volume grew by 39%. Overall in the country, bank clients signed about 2,800 contracts under the government program for nearly 20 billion rubles. As a result of June, the "family" program accounted for 38% of the total number of mortgage transactions at VTB. The most active borrowers were residents of Moscow, St. Petersburg, and the regions, as well as the Republic of Tatarstan. Demand for family mortgages in June showed the second-best result this year after the January "peak," when the bank conducted about 4,100 transactions worth 27 billion rubles. "Trying to catch the 'last session' of the current program conditions, borrowers formed two peak demand periods. The main wave occurred in December-January, when the rule of 'two family mortgages per family' was ending. Now the excitement was less, but sales still became some of the highest this year. As a result, the program continues to operate unchanged, so we should expect market stabilization in July-August. Another potential sales surge is possible in the fall when new conditions will be discussed again. In any case, the window of opportunity at 6% remains open for family borrowers," noted Alexey Okhorzin, Senior Vice President and Head of the Retail Business Products Department at VTB. He also added that alongside "family" mortgages, interest among Russians in market programs continued to grow. In June, the number of transactions for them at VTB in the Nizhny Novgorod region increased by 32% compared to May. At the same time, the bank maintained its focus on the quality of lending and a responsible approach to working with borrowers. "Sustained growth in demand for market products is a more serious trend of the year, although not as noticeable as fluctuations in the 'family' program. I am confident that in the second half of the year, the share of market mortgages will consistently exceed 50%," emphasized Alexey Okhorzin. NIA "Nizhny Novgorod" has channels on Telegram and MAX. Subscribe to stay updated on major events, exclusive materials, and timely information. Copyright © 1999—2025 NIA "Nizhny Novgorod". When reprinting, a hyperlink to NIA "Nizhny Novgorod" is mandatory. This resource may contain materials 18+.