{"id":7589,"date":"2010-02-12T17:20:31","date_gmt":"2010-02-12T17:20:31","guid":{"rendered":"https:\/\/armbanks.am\/2010\/02\/12\/230601\/"},"modified":"2024-12-15T12:46:15","modified_gmt":"2024-12-15T12:46:15","slug":"expert-armenian-mortgage-market-to-make-rally-in-2010","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/02\/12\/7589\/","title":{"rendered":"Expert: Armenian mortgage market to make rally in 2010"},"content":{"rendered":"<p>YEREVAN, February 12. \/ARKA\/. Armenian mortgage market will make a rally in 2010, Manuk Yerghnyan, the head of Economy and Values Armenian Research Center, said Thursday in Novosti International Press Center. <\/p>\n<p>\u201cMortgage loans are quite attractive to banks and other financial organizations, and if National Mortgage Company acts effectively, its work can give a new impetus to development of the market,\u201d he said. <\/p>\n<p>Yerghnyan thinks that changes in interest rates and terms on mortgage loans will heavily depend on inflation and degree of risk in the economy. <\/p>\n<p>\u201cIt is still early to predict decrease in interest rates, but terms will be significantly changed,\u201d he said. <\/p>\n<p>The Central Bank of Armenia says in its quarterly review of Armenian banks\u2019 activities that banks\u2019 aggregate mortgage portfolio reached AMD 84 billion by late December 2009. <\/p>\n<p>Mortgage loans made up 12% of the banking system\u2019s credit portfolio in the fourth quarter 2009. ($1 = AMD 381.41). &#8211;0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian mortgage market will make a rally in 2010, Manuk Yerghnyan, the head of Economy and Values Armenian Research Center, said Thursday in Novosti International Press Center.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[314,307],"tags":[15837,12297,12313],"class_list":{"0":"post-7589","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-314","7":"category-307","8":"tag-armenia-2","9":"tag-market","10":"tag-mortgage"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/7589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=7589"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/7589\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=7589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=7589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=7589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}