Putin offered preferential mortgage at 65 percent

preferential mortgage program with a rate of 6.5 percent on the purchase of housing comfort-class at a price up to 3 million rubles in the regions and to 8 million in Moscow and St. Petersburg. The rest is subsidized by the government. Moreover, the reduced rate remains in effect the entire term of the loan.

in addition, the Corporation HOUSE.Russia will receive a state guarantee in the amount of 50 billion rubles for the purchase of new apartments comfort class from developers.