Khusnullov: It is risky to change the rules for family mortgages…

Khusnullov: It is risky to change the rules for family mortgages before October 1.

Consensus

Changing the conditions of the 'Family Mortgage' program before 1 October 2026 would be risky.
The consequences of recalculating the program's terms are difficult to predict.
A presidential administration survey showed that citizens are satisfied with the current 6% interest rate.
Citizens are not willing to accept a higher interest rate than 6%.
The budgetary burden from the Central Bank's rate is enormous.
The market situation must be monitored until 1 October.
The Family Mortgage program remains popular among citizens.
Borrowers are making timely payments, with default rates below 1%.
The program protects citizens' investments in housing construction.
The program has been effective in supporting housing construction and preventing funds from being tied up in unfinished buildings.

After October, authorities plan to differentiate rates based on the number of children in a family, potentially halving loan terms and increasing maximum loan amounts for most families. — kommersant
On 16 July, President Putin called the Family Mortgage program the most reliable tool for purchasing housing and emphasized the unprecedented role of state support in maintaining high construction rates. — vesti
On 4 July, the President signed a law allowing multi-child families to receive mortgage holidays of up to 18 months starting 1 September 2026. — vesti
Citizens may receive mortgage holidays of up to 1.5 years after the birth of a second or subsequent child, as per a law passed in final reading on 23 June. — vm