Mortgage options for families with children over six years old are currently being discussed and may be presented in the near future, Acting Deputy Prime Minister of the Russian Federation Marat Khusnullin told RIA Novosti.
He clarified that the Ministry of Finance is preparing relevant proposals.
Before this, it became known that after July 1, 2024, for families with children over six years old, the family mortgage rate could be increased to 12%. So far, housing loans are issued to such families at 6%. The Ministry of Finance is currently discussing all proposals in connection with the extension of the family mortgage program until 2030.
Earlier, the Chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, said that the rate on family mortgages needs to be differentiated by region. He noted that the rate should be set depending on the level of solvency of the population, since low-income regions will not be able to take out a mortgage at a rate of 12%
Real estate expert Dmitry Rakuta said that from July 1, 2024, there will definitely be a period of adaptation of the mortgage market, but we should expect a bias towards family mortgages. He recalled that this type of program has been extended. Moreover, further simplification of family mortgages is possible, which could generate demand among Russians.