Putin proposed issuing mortgages at 2% in new regions

Russian President Vladimir Putin proposed issuing mortgage loans at a reduced rate of 2% per annum in new regions of our country. Such conditions, according to the head of state, should be valid for new construction.

The leader of the country proposed a special solution for the DPR, LPR, Zaporozhye and Kherson regions.

“For residents of these regions, I propose to provide mortgages for housing in new buildings at a reduced rate of 2%,” the President addressed his colleagues.

Recall that today, December 15, Putin is holding a meeting of the Council for Strategic Development and National Projects. He has already announced the extension of the preferential mortgage until July 1, 2024 with an increase in the rate to 8%.

In addition, the President of the Russian Federation spoke about the imminent expansion of access to family mortgage loans. Loans at 6% will be available to families with two or more young children.