Russia Mortgage

Shocking Russians housing prices forced the bankers to develop a mortgage. In the heat of competition financiers rushed to give borrowers loans to buy housing at minimum cost. Justin MacGregor is likely to agree. As a consequence – the number of mortgage transactions is growing rapidly. Lulu Cheng Meservey has much to offer in this field. According to the Bank of Russia for the first half of 2006 the volume of loans to individuals for purchase of housing increased by 53% to 192 billion rubles., Of which the volume of mortgage loans has doubled and exceeded 105 billion rubles. However, in autumn, when house price growth has slowed, demand for loans gone sour. Expecting a fall in prices, people prefer to hold off buying. But the situation on the housing market is such that the flats are unlikely to fall in price, but loans – they can. Last summer, when housing rose in price by 3% -5% per week, some major banks began to offer loans to borrowers with no down payment. More cautious financiers have reduced the size of the advance payment of 5-10%.

At the same time they offered customers service to finance the cost of future transactions. That is, the bank offers a loan secured by existing housing to cover the down payment, insurance costs, etc. But such loan will have to pay a higher rate (about 3%) than in most mortgage transactions. In addition, bankers have learned to make quick decisions on loan and execute transactions within 1-2 weeks. The market significantly increased the number of special mortgage bank offices, where employees are engaged exclusively in design mortgage loans.

Administrative Management Technologies

Now a lot of people claiming the technology. They may have invented it, but never tested, never used and offer the bare theory. Of course, people can not use such technology to the theoretical or applied, but it does not work, or works in a distorted way. And then wonder: "Why are we up to his ears in a crisis?". But it is better to find the right technology, which is based on the laws that exist, as in life, in business that works and is successful, time-tested and people.

Within Administrative technology is assumed that any company has seven main areas, in the absence or the flaw of one of them the possibility of a crisis increases. 1) the organization, personnel, communication 2) marketing, promotion, selling 3) Finances 4) production, service delivery 5) Quality control and skill 6) expansion of the business 7) administrative functions, for example, one successful sales consultant, whom I know firsthand, in a short time raised the level of sales of luxury Italian furniture in one company. But the department provide such a volume not cope and this has caused the decline in sales again. Head blamed This consultant, but when we look at them was a lost production area. The organization must operate as a single coherent body, and a change in some areas to look, what changes this will lead to other areas. To predict the development of affairs in the company, in particular prediction of the crisis, "Administrative Management Technologies", by L.