The Russian government is preparing a decision to increase the limit on the issuance of concessional mortgages in the country. The newspaper reports this “News”With reference to the Ministry of Finance of the Russian Federation.
The Ministry of Finance noted that additional financing was needed due to the increase in the key interest rate from 8.5% to 13% and the increased demand for government programs.
The newspaper points out that the demand for privileged housing loans increased in August-September, when the interest rate was increased. As a result, banks’ limits began to be spent faster.
Izvestia states that banks can continue to provide privileged housing loans even if there is no limit, but this approach poses a risk for the profitability of credit institutions. For this reason, some banks may temporarily suspend issuance under government programs.
It was previously reported that the Ministry of Construction and Housing and Communal Services plans to: complete Preparation of the main parameters of the preferential mortgage program for individual housing construction (IHC).
It was previously reported that there are residents of Moscow and the Moscow region. there is A record amount for a mortgage.