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Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October

Tuesday, December 8, 2020
Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October

Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October. The average size is for $26,000, and 87% are for second homes, reports the National Bank of Ukraine. The secondary home market is more popular because rates are lower — 14.3% — than for first homes — 17.2%.

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