Mortgage at 15% per annum

Mortgage at 15% per annum

Yesterday, General Director of the Agency for Restructuring Mortgage Loans (ARIZHK) Andrew Languages, said that the government intends to lower the rate on mortgage loans of up to 15%, reports Prime-Tass. According to Mr. Yazykov, taking into account Russia's inflation rate it will be reasonable for the support of the Russian mortgage market. According to bankers, the rate reduction is certainly a boon, but one is not able to support the mortgage market. Banks need better mechanisms for refinancing loans, and borrowers - to improve the welfare.
According to Andrei Yazykov, the mortgage can not exist in the double digits, "A reasonable rate should be less than 10% per annum, and in view of Russia's inflation possible is 15% per annum." Accordingly, he said, the government has set itself the task to make a bet on mortgage loans is less than 15% per annum. Mr. Languages ​​also noted that in order to stabilize the situation in the mortgage market to normalize the situation in the housing market. "Currently, at the federal level, a program designed to offer significant growth, which will focus on the construction of budget accommodation worth up to 30 thousand rubles. per square meter ", - said Andrey languages.