Michael Mesostigmata: Dmitry Dukhanin / Kommersant
To reduce the level of mortgage interest rates in Russia, depriving banks of the ability to cheat a bet, said Prime Minister Mikhail Mishustin Thursday, February 13, at a government meeting, reports “Interfax”.
For this purpose, according to mishustina, it is necessary to optimize operating expenses and internal reserves of the banks. In addition, to reduce the cost of housing loans will contribute to the clarification of the rules of lending to developers and reducing the cost of borrowing, said the head of government.
Another way to reduce the cost of mortgages Mishustin called the creation of additional incentives for housing development. These incentives will be, according to the Prime Minister, improving the efficiency of land use, provision of land development under construction and active use of vacant land.
Earlier in February, as mortgage Agency “the House.of the Russian Federation” has predicted a decrease in the average rate on mortgages in Russia for 2020 to historic for the country of at least 8.5 percent per annum. In January 2020 the average market rate in the primary market decreased to 8.85 percent, the secondary — up to 9 percent.
Video, photo All from Russia.