Oct 16, 2020
0 0

The Ministry of Finance submitted to the Cabinet of Ministers a document on the extension of preferential mortgages at 6.5%

The government will consider a decree to extend the preferential mortgage program. The corresponding proposal was made by the Ministry of Finance.

A draft resolution on the extension of the preferential mortgage program for new buildings at 6.5% was prepared and submitted to the government of the Russian Federation until July 1, 2021, - quotes TASS message from the department.

It is noted that the extension of the program for this time will make it possible to issue an additional 354 thousand loans worth 1.1 trillion rubles. Moreover, only in November - December this year - 90 thousand loans for 270 billion rubles.

The government-backed concessional mortgage program was launched on behalf of President Vladimir Putin at the end of April 2020. You can get a loan for the purchase of housing in new buildings at 6.5% per annum until November 1. At the same time, the rate is kept for the entire loan term - up to 30 years. The difference is compensated by the state.

As reported earlier, the deputy from "Fair Russia" Sergei Mironov called for finalizing the program of preferential mortgages before its extension, since the rise in real estate prices reduces its effectiveness to zero.


Do you want to receive news faster than anyone? Subscribe to us on Telegram

Article Categories:

Leave a Reply