Mishustin instructed the government and the Central Bank to simplify the procedure of refinancing mortgage loans

Prime Minister Mikhail Mishustin suggested that the government and the Bank of Russia to discuss the issue of simplification of the procedure of refinancing mortgage loans.

“In the framework of the newly created Commission for cooperation with the Bank of Russia I would like to ask Andrei Belousov and Marat Khusnullin Shakirzjanovich to perform jointly with the Bank of Russia the situation and to submit proposals and to discuss the possibility of simplification of the procedure of refinancing mortgage loans, previously issued at higher interest rates,” — said Mishustin.

the government and the Bank of Russia should consider reducing interest rates on mortgages, said Mishustin.

the Prime Minister has asked Deputy Prime Minister Dmitry Chernyshenko to establish a system of alerting customers of the banks additional opportunities to refinance mortgages. “We many simply do not know about such opportunities, and this should not be,” — said Mishustin.