The question, may be, doesn't need any comment. Just mention high interest rates of mortgage lending in Armenia (12%-18%). They are slightly lower than in Russia, for example, but much higher than in developed countries. The unpopularity of mortgage lending in Armenia is mainly due to high interest rates and low legal income of the population. So, some people don't have sufficient income to obtain mortgage, and others (even having money) don't like to take it because of high interest rates. It turns out that many people need houses, but only few can afford mortgage loan. The role of governmental regulations and promotions must be very high, and first tentative steps have already been taken for young families in Armenia. Low-interest mortgage must be the policy of the State and should be used as means of retention and attraction of young generation for building a future of State. This is very relevant today! If you have already bought an apartment or house through a mortgage loan, please, share your opinion with our readers, how difficult it was to overcome mortgage obligations and what would you recommend people wishing to buy property in this way?