the Program of preferential mortgage can take out a loan to purchase housing in new buildings by 6.5% per annum. According to the newspaper, Prime Minister Mikhail Mishustin have signed a resolution on reduction of the size of the down payment. To announce the decision is planned on 3 August, said a source close to the government.

About the launch of the program of preferential mortgage announced in April by President Vladimir Putin as one of the measures to support the market in times of crisis, a pandemic caused by a new coronavirus. The program applies to loans issued from April 16 to November 1, 2020 for the purchase of housing.

the Initial fee was fixed at not less than 20%. Maximum loan amount in Moscow, St.-Petersburg, the Moscow and Leningrad regions could not be more than 8 million rubles, in other regions – 3 million rubles. Then in June, the limits were increased from 8 million to 12 million rubles from 3 million to 6 million rubles, respectively.