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TASS: Novak instructed to work out the extension of preferential mortgage

Russian Deputy Prime Minister Alexander Novak instructed the Ministry of Finance and the Ministry of Construction to work out the issue of extending preferential mortgages.

TASS: Novak instructed to work out the extension of preferential mortgage
06.03.2025
Lesezeit: 1 min
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📝 Summary

Russian Deputy Prime Minister Alexander Novak instructed the Ministry of Finance and the Ministry of Construction to work out the issue of extending preferential mortgages.

The issue of extending the preferential mortgage should be worked out until March 25. The representative of the Deputy Prime Minister confirmed TASS this order. Earlier, RBC, citing materials of the meeting with Novak, wrote that the Ministry of Finance and the Ministry of Construction should assess the feasibility of expanding preferential mortgages for families with one child under 18 years. On March 5, during a meeting of the President of the Russian Federation with members of the government, Novak noted that banks began to reduce mortgage rates and called it a “good, positive signal.”.

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