The head of Sberbank: mortgages remain the only way to buy housing for many Russians is preserved, including due to a wide range of programs with state support for the objects of the primary market. At the same time, he admitted that the only way for most Russians to buy a home today is mortgage. His words are reported by RIA Novosti.
“Despite the rise in prices for primary and secondary housing in 2020, which is partly due to the record low level of interest rates on mortgage loans, the affordability of housing for citizens remains.” Gref spoke out. He noted that Sberbank is doing everything possible to keep rates at an acceptable level.
You can take out a loan from Sberbank to buy an apartment in a new building from 8.4 percent per annum, and in the secondary market – from 8 percent, 1 percent. At the same time, under the preferential program, a new building comes out at a rate of 6.05 percent per annum, on a family mortgage – from 5.3 percent, and under the Far East – from 0.1 percent. As a result, according to Gref, the demand for mortgages is increasing.
Due to the fact that the rise in prices in the secondary market is not as dynamic as in the primary market, potential borrowers can more accurately predict their costs of purchasing an apartment, concluded the head credit organization.
Earlier, the realtor called the Russians a way to facilitate mortgages. For this, Konstantin Barsukov, the general director of the Russian Guild of Realtors, advised employed Russians to apply to their employer for a tax deduction. It will help you pay off your mortgage early.