Mortgage interest rate subsidization planning for families with 2 and 3 children
Vladimir Putin instructed the Government to launch a mortgage interest rate subsidy program for families who have given birth to a second and third child since 2018.
The program will have to act in the following cases:
- when purchasing housing in the primary market;
- when refinancing previously received mortgage loans.
These families will be able to rely on state subsidies in excess of 6% per annum.