This is stated in Putin's instructions following the results of the SPIEF, published on the Kremlin's website.

It is noted that families in which a child was born after January 1, 2018 should be given the opportunity to take out a mortgage at a rate of 6% per annum to buy housing in the primary market or to refinance loans issued before.

For other citizens, the preferential mortgage was extended for a year, the rate was raised to 7%.

Earlier, the chairman of the Bank of Russia Elvira Nabiullina commented on the situation with real estate prices in the country.