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the Reduction in interest rates should not be the main argument for decision-making on the mortgage in the period of the pandemic coronavirus. About the main condition of taking the loan the Russians told the Vice-President of Guild of realtors Constantine Aprelev, reports “Komsomolskaya Pravda” on Saturday, July 4.

“the Main in the mortgage is a long-term preservation of employment, wages, income of the family. If such confidence there is the need to purchase housing, then, of course, you need to buy housing and to live for today”, — said the expert.

He also noted that the rate reduction did not substantially affect the situation of effective demand.

Earlier in June, it became known that at the end of the first quarter of 2020 housing prices in Russia grew by almost five percent compared to the same period last year.

as of mid-may, the lowest rate on your mortgage for the purchase of new housing the Russians offered Metallinvestbank and the Moscow credit Bank (ICB). Analysts noted that the interest rate under 5.9% were due to the coronavirus.