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.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.