“Mortgage rates should not contradict market trends, otherwise we have a risk of getting bubbles in the financial market,” RIA Novosti quotes Nabiullina's answer to the question about the possibility of lowering mortgage rates in the country.
She also noted that in 2020 the mortgage rate was reduced due to the general decrease in rates in the market and the anti-crisis preferential mortgage, which is currently already provoking a rise in housing prices.
“For borrowers in many regions, the low rate has already been covered by the increased price of an apartment,” added Nabiullina.
According to her, the availability of mortgages should be ensured with more targeted measures: support for borrowers in the regions, young families.
Earlier, Nabiullina proposed expanding the criteria for preferential mortgages for young families.