The Chairman of Russian government Dmitry Medvedev received a petition from the Russian Union of young people with a proposal to preserve the old rates on mortgages for young families. Pre-crisis rates, in their opinion, must be attached in the Federal target program "Housing".

"The Russian Union of young people serves to preserve the pre-crisis mortgage loans to young families and to fix them in the Federal target program "Housing". Asking you to see this offer and as far as possible to give instructions to make the necessary changes in the Federal target program "Housing", and to see the possibility of extending the programme to 2017", - quotes RIA Novosti the Russian Union of young people.

Destabilization of the ruble and what happened next steps the Central Bank to stabilize the situation on the currency market, has led to an increase in mortgage rates, some banks to freeze practical granting housing loans. In the Union of the young people reported that formed in a difficult financial situation, the Russians need to preserve confidence in the future. One of the main characteristics that draw young families, considered the possibility of buying the home, the statement reads.

"First of all young families do not have large earnings, because the most affordable option of purchasing the property for them is a mortgage. But it is only recently that interest rates on these loans increased by about 5%, as many banks as they say ceased to grant them", - the statement reads.

The Central Bank in early December 2014 increased the key rate to 17.5%. This step regulator caused the growth rates on mortgage loans and reduced their availability for most people in Russia.
sections: Economics