She noted that the tightening of conditions for some preferential mortgage programs led to a slowdown in the growth rate of preferential mortgages.
“In general, for mortgages, we see that volumes have decreased compared to peak values in the fall, but are higher than they were in the first months of last year. And the main effect will be the expiration of the addressless benefit program at the end of June,” TASS quotes Nabiullina.
The head of the regulator also said that preferential mortgages should end this summer and not be renewed.
It was also reported that the family mortgage will be extended until 2030.