Translated material
The government approved a preferential mortgage program with a rate of 6.5%
Russian Prime Minister Mikhail Mishustin signed a decree on a preferential mortgage program at 6.5% per annum. This was reported on the website of the government.
The rate is not higher than 6.5% will remain for the entire term of the mortgage. The difference between it and the market mortgage rate will be reimbursed by the state to banks.
You can take a preferential mortgage until November 1, 2020. The loan amount should not exceed 8 million rubles for Moscow and St. Petersburg and 3 million rubles for other regions. The minimum loan installment is 20%.
The program will ensure the issuance of up to 250,000 new housing loans. It will be a good help for citizens who need to improve their living conditions, and will make it possible to additionally attract at least 900 billion rubles into the housing construction sector.
- to launch a preferential mortgage program in Russia . instructed On April 16 , President Vladimir Putin