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Preferential mortgage rate may be reduced to 9%

Russian President Vladimir Putin came up with an initiative, according to which the preferential mortgage rate should be reduced from 12% to 9%. This is planned to be done as part of the implementation of measures ... ... preferential mortgages. The rate is planned to be reduced to 9% by the end of 2022. In the future, there will be other measures of state support for citizens and the entire economy. Putin also stressed out the need to stimulate construction. Among other measures,...

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