In Russia, approximately 240 thousand families have been given housing loans since the beginning of 2024. In our interview with the following person on this subject, TASS – said Vitaly Mutko, general director of DOM.RF.
“Since the beginning of the year, about 240 thousand loans on family mortgages worth more than 1.3 trillion rubles were issued in the Russian Federation. At the same time, the bulk of the issues were made in March-June, when demand was most concentrated,” Mutko said.
Ministry of Finance in July elongated Family mortgage with new conditions until 2030. According to the updated rules, families with at least two children, one of whom is under the age of six, will now be able to apply for a family housing loan at rates of up to 6 percent. In this context, demand for the program has fallen by 22 percent.
August 6, Russian President Vladimir Putin instructions given The government and the Central Bank are to examine the impact of family mortgages on the domestic credit market. If necessary, departments should submit proposals to change the conditions of the aid program.
Putin before guessHow will the end of the preferential mortgage program affect the housing market?