“Our further work will be aimed at maintaining the opportunity to buy an apartment when children are born, an apartment with a larger area, paying a lower interest rate for it. No one will tell you how it will be, except the president of our country. In recent years, decisions have been made by the president,” RIA Novosti quotes him as saying.
Stasishin added that there are no disagreements in the Cabinet about the development of mortgages, despite different positions.
The head of the Central Bank of Russia, Elvira Nabiullina, previously said that the average term of a mortgage loan increased from 18 years in 2020 to 25 years.
Russian leader Vladimir Putin also announced the extension of subsidies for mortgage repayments for large families.