The Russian Council of Ministers plans to increase the down payment in preferential and family mortgage programs in order to regulate the issuance of such real estate loans. Deputy Prime Minister of the country Marat Khusnullin told journalists about this. TASS.
“Mortgages will improve. We have family and concessional mortgages until June 1, 2024. “We are now taking some measures to increase the down payment,” he said.
According to Khusnullin, there is currently a huge amount of mortgage issuance in Russia. “We are looking at how we can regulate the volume of mortgage issuance before June 1,” he explained.
At the end of November, the Central Bank of Russia expressed confidence in the need gradually increase Bringing preferential mortgage interest rates to market levels. The Central Bank calculated that the measure would reduce the difference in property prices in the primary and secondary housing markets.
“socialbites.ca” I learnedIt was stated that the demand for mortgages in the secondary housing market began to recover after the Central Bank increased the interest rate to 15%.
The amount of previously overdue mortgage debt of Russians Established New Record.