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VTB plans to cut mortgage rates again



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VTB plans to cut mortgage rates again

In early November, VTB plans to reduce the rate on mortgage by 0.4 percentage points. Within the framework of the basic programs it will be possible to buy an apartment on a mortgage at a rate of 8.6 percent. For refinancing - from 9 percent.

This year, VTB has reduced rates three times already. According to Anatoly Pechatnikov, Deputy President and Chairman of the Management Board of VTB, the decision on the next reduction will be announced before the end of this week. /ipoteka/">mortgages more than 11 percent, while the market fell by 7.6 percent.
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