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TEACHERS CAN BE PROVIDED WITH A PREFERENTIAL MORTGAGE

By November 1, 2024, the Ministry of Education of Russia is going to work out the possibility of introducing preferential mortgages for teachers. State Duma deputies suggest that teachers will be able to receive loans for the purchase of housing at 2% for up to 30 years. The professional community welcomed the preparation of the program, Izvestia writes, but noted that ...

THE MINISTRY OF FINANCE WILL INCREASE THE LIMITS FOR BANKS ON PREFERENTIAL MORTGAGES

... loans to banks. Banks, due to the increased demand for housing loans for state programs, have almost exhausted the limits, Izvestia reports. Against the background of the increase in the Central Bank's key rate, credit institutions began to increase mortgage rates to 16% per annum. At the same time, the demand for preferential programs has increased significantly. Limits are set on the amount of money that banks can issue to their customers in the form of subsidized housing loans. Since the demand ...

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