She noted that "the mortgage slowed during the pandemic, like other types of lending, but is returning to growth."
“Thanks, on the one hand, to a general decrease, an overall decrease in interest rates and regulatory exemptions, we have taken special measures for the mortgage. On the other hand, of course, the state program of preferential mortgages, under which loans in excess of 100 billion rubles were issued in June, ”RIA Novosti quoted Nabiullin as saying.
She added that “in the first half of 2020, loans to citizens increased by 4.1%,” she said, “is much lower than in the first half of last year - it was 9.7% then."
Earlier it was reported that Sberbank decided to reduce mortgage rates by 0.5 percentage points.
On June 23, Russian leader Vladimir Putin proposed expanding the program of preferential mortgages at 6.5% during an appeal to citizens. So, he came up with an initiative to issue it for housing in new buildings up to 12 million rubles in Moscow, St. Petersburg, Moscow and Leningrad regions and up to 6 million rubles in other regions.