“I'm not sure that rates will be at the level of 8% at the end of this year, but our Central Bank is trying to control this situation. I think that next year we will see mortgage rates of 8%, ”RIA Novosti quotes Gref.
Earlier, Russian leader Vladimir Putin ordered the government and the Bank of Russia to take measures to reduce the interest rate on housing mortgage loans to 8% per annum and below.
It was noted that a report on this topic should be submitted until January 15, 2020, and then every six months.