Moscow, Oct 9: When applying for family mortgages in Russia

Moscow, Oct 9: When applying for family mortgages in Russia, banks and borrowers should note that the period of state subsidy on interest rates is now limited to 15 years, and rates for loans beyond this term will be increased.

Coverage (2 sources)

• Central Bank of Russia explained rates when applying for long-term mortgage — Вести
• Central Bank: when applying for "Family Mortgage" one must take into account the period of state subsidization — Москва 24

Key entities

• Russia
• Moscow
• CB
• Central Bank
• Bank of Russia
• Nikita Simonov

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