Date: 2 weeks ago   Category: Economy

Putin: by 2024 the rate on a mortgage in Russia has to be lower than 8% — Rambler News Service


Photo: Grigory of Sysoyev/RIA Novosti the President of Russia Vladimir Putin during the congress of RUIE said that by 2024 the country has to come to a rate on a mortgage lower than 8%. The head of state noted that now the rate on a mortgage grew up from 9.5-9.56% to 10.5-11% on average. "But it is already necessary to go, certainly, there, down, to return. Especially as, here is how the Ministry of Economic Development considers, … the negative effect of a raising of the VAT is considered exhausted therefore all this macroeconomic has to influence also bank rates, inflation finally in the positive plan. We, certainly, need to return to a mortgage to 8%, and by 2024 — 7.8-7.9%. Precisely lower than 8% we have to leave" — Putin said. Earlier Putin charged to the government and the Central Bank to take the additional measures directed to decrease in a rate on the mortgage housing loans up to 8% per annum and less.

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