The Russian government extended the preferential mortgage until July 1, 2024. This has been reported Web site cabinet.
The relevant decree was signed by Russian Prime Minister Mikhail Mishustin.
It was announced that up to 8% per annum direct mortgage loan can be given for the purchase of land for the purchase of housing in new buildings, the construction of a detached house or its construction.
Moscow, St. Petersburg, Moscow and Leningrad regions, the maximum loan amount at a preferential rate is 12 million rubles. For other Russian regions – 6 million rubles. Initial payment – not less than 15%.
The new decision also expanded the terms of the Family Mortgage program. Previously, Russian families with at least one child born after January 1, 2018 could participate in the program. Families with two underage children will now be able to use the program, no matter when they were born.
Elizaveta Danilova, Former Director of the Financial Stability Department of the Central Bank of the Russian Federation (CB) statedThey want to make preferential mortgages more targeted in Russia and limit the number of opportunities to get them.
Source: Gazeta
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