Mortgage with a rate of 10-11% can take 40% of Russians

For 40% of Russian citizens mortgage rates in the 10-11% is acceptable, the head of the Agency for Housing Mortgage Lending (HMLA) Alexander Semenyaka. He stated this at the Third All-Russian Congress of low-rise building should be reminded that Prime Minister Vladimir Putin said that the housing market should be supported. In addition, he said, it is necessary to ensure that mortgage rates were no higher than 11%. In this case, the number of potential borrowers will increase significantly. Meanwhile, there are many Russians, for whom, and 11% - a lot, so the rate should be even lower, said Semenyaka. 40% of Russian citizens may well be seriously support the construction market. At the same time, it is inconceivable that instead of increasing the volume of construction is rising cost of housing, believes Semenyaka.