Russian banks massively reduce mortgage rates
A number of the largest Russian credit organizations decided on 1 October to reduce mortgage rates, it follows from the social studies of credit institutions, conducted Last news .
A number of the largest Russian credit organizations decided on 1 October to reduce mortgage rates, it follows from the social studies of credit institutions, conducted Last news .
before about reducing interest rates on a mortgage Sberbank announced.
The decision to reduce rates, as can be seen from the social studies, Also took Gazprombank, Alfa-Bank, Raiffeisenbank and " Home. Of the Russian Federation ". The minimum rate on a mortgage loan in Sberbank will be 7, 3% per annum, in Gazprombank - 8, 7%, alpha Bank - 8, 49% year, Raiffeisenbank - 8, 99% per annum, " the House. Russia " - 8, 5% per annum.
Also the possibility of reducing mortgage rates have made the Bank "Opening" and "ROSBANK House" and the Moscow credit Bank told that they will take an opinion on the adjustment of rates in Accordance with prevailing market conditions.
now the Ministry of Finance, Ministry of construction, the CBR and Ministry of economic development together with " the House. Of the Russian Federation " on behalf of the President of the Russian Federation V. V. Putin to develop additional measures to reduce mortgage rates to 8% per annum and no more.
according to the Bank of Russia, the average mortgage rate in Russia in the last month of summer has decreased to 9 91% 10, 24% in July. Mortgage portfolio on August 1 was 7 2 trillion rubles. At the beginning of the year, Russian banks have raised rates on a mortgage.
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