this was stated by Prime Minister of the Russian Federation Mikhail Mishustin, speaking in the Duma with the report on the work of the government.

– today, many people want such a mortgage, he said. And in the autumn we will make the final decision about the continuation and the conditions under which we will provide such a credit program.

Mishustin has reminded that the program of preferential mortgage at a rate of 6.5%, launched in April. And this, according to him, has become one of the most successful anti-crisis measures.

According to the head of the Cabinet, the banks gave the Russians have 80 thousand mortgage loans with a specified rate. The amount issued as a whole amounted to 205 billion rubles.

Recall that the program applies to loans issued before 1 November 2020.

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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.