Sberbank announced a decline in mortgage rates


www.vsyako.netPhoto: Anton novoderezhkin / TASS

Key player of the Russian market of mortgage lending — the savings Bank — may 25, 2019 will reduce interest rates on loans to purchase housing. This is stated in the message published on the website of the Bank.

In particular, by 0.6 percentage points will be reduced rates on loans for purchase of ready and suburban housing, the construction of individual houses, on non-purpose loans secured by real estate. 0.3 percentage points reduced interest rates on loans for housing under construction and the refinancing of loans of other banks.

Thus, since may 25, the base rate for loans to purchase secondary residences in the savings Bank would be 10.8 per cent per annum. For new buildings it will drop to 10.6 percent, the minimum (in the framework of the program of subsidizing the developers) will be 8.2 percent per annum.

Earlier in may, Gref declared that rates on mortgages in Russia may be reduced to 8 percent per annum in late 2019 — early 2020. A few days before this emergency rate cuts predicted Deputy Prime Minister, Vitaly Mutko.

Video, photo All from Russia.


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