Russian leader Vladimir Putin ordered a report on family mortgages for secondary residences in cities where there is no new housing. This has been reported by this Tass.
In December 2024, banks suspended family housing loans exports due to the depletion of limits. Although the program resumed on December 16, the debtors continued to face rejection, which caused concern among the public.
December 19, during the press conference Vladimir Putin statedThe state should not bring any limitation to family mortgages. He described the current situation as “disgrace”.
After that, the Russian Federation Deputy Prime Minister Marat Khusnullin announced “Family Mortgage” attempts to support the Russians within the framework of the state program.
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Source: Gazeta

Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.