According to the head of the Central Bank, Elvira Nabiullina,
mortgages will grow by about 8-10 percent this year. As a result, lending to the population will remain at the level of last year or slightly fall.
As the head of the Central Bank noted,
mortgage will be lower approximately twice as much as last year, but will grow, including due to government measures on subsidized
mortgage by 6.5 percent.
In April 2020, Russian President Vladimir Putin announced the launch of a preferential
mortgage program at a rate of 6.5 percent. You can participate until November 1st. The minimum installment will be 20 percent, the rate will not exceed 6.5 percent for the entire term of the loan. The amount
mortgage loan in Moscow and the Moscow region, St. Petersburg and the Leningrad region should not exceed eight million rubles. In other Russian regions, the limit on the volume of loans is three million rubles.
Earlier, Sberbank announced a reduction in the rate on
mortgage loans to
purchase of apartments to
new buildings and
finished housing. The minimum
mortgage rate when buying housing under construction is now 6.2 percent per annum. The minimum rate for
buying ready-made housing is 8.1 percent.
