MOSCOW, February 27. /TASS/. President Vladimir Putin has instructed the Russian government and Central Bank to assume measures to reduce the mortgage rate to the level of 8% per annum and lower, according to the list of instructions published on Wednesday on the Kremlin’s official website following Putin’s State of the Nation Address to the Federal Assembly.
“The government of the Russian Federation together with the Bank of Russia should assume additional measures aimed at reducing the interest rate on mortgage home loans to the level of 8% per annum and lower,” the list of instructions runs.
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