To date, the average basic mortgage rate is 12-14% per annum in currency and 17% in ruble equivalent. Compared to the indicators of the United States and European countries, these figures are several times higher than interest rates for mortgages adopted in these countries. So, in the United States, the interest rate on a mortgage loan issued for a period of 30 years is 6.36% per annum. It should be noted that this is the highest rate. A year ago, to the second round of the global crisis, it was 5.7%. Such a difference in interest rate explains the desire of Russian banks to insure themselves from possible risks in mortgage lending. That is why banks are transferred to all the costs of mortgage to the shoulders of the domestic borrower. The percentage base rate on a mortgage today has different banks, as well as the terms of lending. Vneshotorgbank issues mortgage loans for the purchase of housing in the secondary market for up to seven years at 13% per annum. A loan issued in currency for similar goals and for the same time, has a basic rate in 9.8%. A mortgage for 15 years will cost the borrower 11.5% per annum, and the mortgage period for 25 years has a basic rate of 12% per annum. In general, one general trend can be noted: the longer the mortgage lending term, the higher the interest rate on it. The borrower will have to spend more money to buy a new building. Vneshotorgbank provides a mortgage loan for a new building with a base rate of 15% and for a period of seven years. With a mortgage for a period of 25 years, the interest rate increases to 16%. After the housing goes into the ownership of the owner, the interest rate on a mortgage loan changes towards its reduction. Its size is equal to the size of the basic rate on lending to the purchase of secondary housing. The base rate is reduced if the borrower provides an officially certified document in the form of personal income tax 2 about its income. In practice, low fixed rates for mortgage lending are very rare. To obtain low percent, the borrower must comply with a very strict bank requirement. In practice, this cannot be achieved. Therefore, a mortgage never turns out cheap. The value of the base rate also depends on the volume of the initial contribution of the borrower. With an initial contribution of 35% of the total loan amount, the mortgage is 12% per annum and is issued for a period of 15 years. In the absence of such a contribution, the size of the annual is 16% per annum.