“For the mortgage, we lowered the rate after the Central Bank reduced the rate, we again reduced the mortgage rate, and now we have a base rate of 9.3%,” Gref quotes TASS.

According to him, the rate for subsidized developers is 7.3%, and for young families - 8.8%.

On October 25, the Central Bank decided to reduce the key rate by 50 basis points, to 6.5%.

Economist Nikita Maslennikov in an interview with URA.RU expressed the view that a further decline depends on the rate of economic growth.

Earlier, Sberbank spoke about plans to reduce the rate for housing in houses, the construction of which is financed with the help of escrow accounts.