Khusnullin allowed a decrease in the volume of family mortgage issuance after February 1
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- Khusnullin allowed a decrease in the volume of family mortgage issuance after February 1
A decrease in demand and loans for family mortgages may occur after tightening on February 1, 2026. This was announced on January 26 by Russian Deputy Prime Minister Marat Khusnullin.
"There will be a certain decrease in demand and loans for Family Mortgages after February 1, 2026, but we managed to save citizens' funds," TASS quoted him as saying.
Stricter family mortgages will take effect after February 1, in particular, one family will be able to take out only one loan, not two, as before. In addition, the loan itself will be issued to both parents, if any.
Anatoly Aksakov, head of the State Duma Committee on Financial Markets, announced on January 13 that Russia intends to make the family mortgage rate dependent on the number of children in the family. According to him, after the birth of the first child, the preferential mortgage rate will be 10%, after the second — 6%, and after the third — 4%.
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