Prime Minister Mikhail Mishustin signed a decree on reducing the down payment on preferential
mortgage from 20 to 15 percent. Families with children and residents of the Far East will also be able to take advantage of preferential
mortgages.
purchase of an apartment will involve borrowers in the program who did not have time to accumulate the required amount for issuing a loan before November 1.
In addition, the total amount of borrowed funds that banks issue at 6.5 percent per annum will be increased from 740 to 900 billion rubles. According to Prime Minister Mishustin, thanks to this measure, 300 thousand families will be able to
buy an apartment.
Vitaly Mutko, General Director of Dom.RF considers that the reduction of the down payment on
mortgage is especially important for regions where the loan amount is lower than in Moscow. According to Mutko, the demand for
mortgage loans will increase. especially important for regions where the size of the loan is lower than in Moscow. According to Mutko, the demand for
mortgage loans will increase. especially important for regions where the size of the loan is lower than in Moscow. According to Mutko, the demand for
mortgage loans will increase.
