Russian region reduces teachers’ mortgage rates to 0.7% ...News

Russia Today - Economy
Russian region reduces teachers’ mortgage rates to 0.7%
source : Russia Today ( News ) () 60
The preferential mechanism will apply in the Far East, according to VTB Teachers in Russia’s Far East will be able to receive a loan at a minimum rate under the government-backed Far Eastern Mortgage program, VTB board member Svyatoslav Ostrovsky announced at the Eastern Economic Forum (EEF) on Monday. The mortgage initiative will start on September 15 and be available for state and municipal educational institution employees. It will apply for housing in apartment buildings and semi-detached buildings. It mainly covers the primary market but will also apply to the secondary market in rural settlements, single-ind

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