the Decrease will affect both long-existing programs “Family mortgage” and the “West coast mortgage”, and launched in April “program of Preferential mortgage at 6.5% per annum”.
This should expand the circle of borrowers who can take advantage of government programs.
According to banking standards, low-risk mortgages are loans with an initial payment of 20%: if the payment is lower, increases the risk of the borrower for late payment. However, overall, the proportion of mortgage arrears remains at a safe level (of 1.4% on 1 April, while the consumer credit is 7.9%).
under the program, mortgage at 6.5% per annum (some banks offer a lower rate) until November 1, you can take a soft loan for the purchase of housing in the building, the subsidy rate applies to loans of no more than 8 million rubles for Moscow, the Moscow region, St.-Petersburg and Leningrad region and up to 3 million rubles – for other regions.