Sunday, January 24, 2016

Mikhail Men: “We are considering subsidizing the first installment of the mortgage” – BUSINESS Online. Tatarstan

24.01.2016

The Russian government is considering subsidizing the first payment on the mortgage after the end of March the program of preferential mortgage lending. This was announced by the Minister of Construction, Housing and Utilities of the Russian Federation Mikhail Men in an interview with NTV.

“We consider a variant of the first installment of the mortgage subsidy, which is also very important, because the first payment is about 30 percent ( of the total cost of purchased housing note . ed .) – Now banks have overestimated the risks, “- said Men.

Recall that in the framework adopted in 2015 a program of preferential mortgage rate was set at 12%. Initially, the scope of the program amounted to 700 billion rubles. Later the Ministry of Finance lowered the limit to 554.3 billion. Rubles. According to experts, in the program of preferential mortgage accounts for about one-third of the total volume of loans issued to purchase real estate in 2015.

Action preferential mortgage program ends March 1. Ministry of Construction proposes to extend the preferential mortgage in Russia for another year, reports Tass. The Ministry of Finance considers it inappropriate and consider other measures of support.

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