In the Tambov region, 423 families used preferential mortgages

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423 Tambov families received preferential mortgages at 6.5 percent this year. Last year, 822 residents of Tambov received preferential mortgages.

Local developers support the preferential mortgage program by actively cooperating with partner banks. Thus, the construction company “Zhupikov”, in just one year of the favorable conditions, has drawn up 117 agreements on equity participation at 6.1 percent per annum for the construction of apartments in the northern part of Tambov.

Deputy Prime Minister Marat Khusnullin stressed that joint work is currently underway with the Central Bank to develop further solutions for preferential mortgage programs.

– Today, the decision on the future fate of the mortgage has not been finally made, but our task is to find the middle, in which prices will not accelerate, and so that the preferential mortgage program continues, – said Marat Khusnullin.

Also, the Governor of the Tambov Region Alexander Nikitin spoke out positively for the extension of the preferential mortgage. The head of the regional administration believes that the increase in real estate prices does not in any way depend on the decrease in interest on mortgage loans.