Rouble mortgage loans up 12.6% in year to May

Rouble mortgage loans: Concerns about the prospect of economic and political instability, Russians are ploughing their earnings and savings into the housing market. According to data from the Central Bank of Russia, RUB3trn worth of  mortgage loans was issue in the first five months of 2014, up 12.6% on the same period in 2013. MK.RU