Perhaps: the Central Bank allowed the launch of preferential mortgages for the «secondary»

CrimeaPRESS reports:

Mass preferential mortgage programs need to be phased out gradually, said the head of the Central Bank, Elvira Nabiullina. She noted that it is necessary to develop targeted preferential programs and added that such programs can be launched on the secondary market.

According to Nabiullina, mass programs of preferential housing lending are effective in times of crisis, but this tool should be temporary. In 2022, the spread of preferential programs from developers led to an increase in prices for new buildings and secondary housing. The price gap exceeded 30%, so the regulator increased provisions for such loansnotes CYANOGEN.

After the completion of mass preferential mortgages, it is necessary to gradually increase the affordability of housing, making support targeted, and developing targeted mortgage programs. According to the head of the Central Bank, preferential mortgages for secondary housing can be effective here.

source: CYANOGEN

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