Anton Siluanov, head of the Ministry of Finance of the Russian Federation, said that the ministry proposes to increase the amount of down payments on concessional mortgages to 30%. This was reported by TASS.
He emphasized that the Ministry sees that mortgages are heating up, everyone is talking about it, so “it is necessary to take small measures” to cool things down so that “bubbles” do not emerge.
According to Siluanov, the Ministry of Finance is a market regulator; The ministry needs to make conscious, balanced decisions for the development of the market, but there should be no sudden jumps.
Before that, it was known that, according to the preliminary estimate of the Central Bank, the number and volume of mortgages issued with state support in Russia in November this year were clear. decreased It increased by 0.6% and 0.4% compared to October.
The Central Bank of the Federal District stated that the planned new increase in the contribution margin (up to 30 percent) will help cool the mortgage market to a more balanced growth rate so that prices for new homes do not rise so rapidly. Otherwise, government support will not lead to an increase in people’s housing purchasing power.
Formerly Central Bank of the Russian Federation raised key rate up to 15%.