Wednesday, June 1, 2011

Putin promised to "podtaptyvat" mortgages

Chief Minister Vladimir Putin will continue to deliberate policy to reduce the cost of mortgage loans: "We will do everything in order to create conditions that lower mortgage rates," - he said. The Prime Minister said that some time ago, the average cost of a mortgage was 14-14,5%, but now the average is equal to 12,6-12,7% per annum. Before the financial crisis of 2008 mortgages worth 12.5%: "We are very close to pre-crisis level of lending in housing policy." Current state of affairs Prime still remains dissatisfied. He finds expensive mortgages, so that "We need to continue it (the interest rate. - Ed.) Podtaptyvat there", - said Vladimir Putin.

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