“Now take the next step. Reduce the size of the down payment from 20 to 15 percent,” said Prime Minister Mikhail Mishustin at the working meeting with his deputies about the signing of the necessary decree. This will make available a subsidized program to those citizens who have not accumulated the required amount before November 1, when will the conclusion of new loan agreements. The same opportunity, stressed the head of government, will appear in the mortgage for families with children and the far Eastern mortgage.

in addition, it was decided to increase the total amount of credits that can be issued by banks at 6.5 percent, from 740 to 900 billion rubles. “Thanks to this, their living conditions will improve at least 310 thousand families,” – said Mishustin.