"Mortgage lending has expectedly slowed down - according to preliminary data, to 2% after 3% in June, which is largely due to the tightening of the conditions of the concessional mortgage program," TASS reports from the material of the Central Bank "On the development of the banking sector in Russia in July 2021."

Earlier, Russian Prime Minister Mikhail Mishustin said that "the government is extending the preferential family mortgage."

The first deputy chairman of the Federation Council committee on social policy, Valery Ryazansky, in an interview with RT, commented on the extension of the preferential family mortgage until 2023.