Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Saturday, February 25, 2017

Sberbank has reduced rates on mortgage loans


Sberbank of Russia took a decision to lower interest rates on major mortgage products. According to “Interfax”, the rate is reduced from 12 July by 0.5 percentage points. Previously the same amount was reduced rates on military mortgages.

Now the range of rates on mortgage loans of Sberbank is 12-14% per annum.

The Bank also reported that the volume of applications for mortgage loans in the secondary market exceeded the level of similar period of 2015 almost 70%.

The last time the savings Bank has lowered rates on major mortgage products in August 2015.

Related posts:
Eastern European crooks have stolen from the EU budget nearly a billion euros
Banks will reduce lending rates, the population will not be easier
The rise in prices has stopped, but only for a while
Fasten your seatbelts: the coming recession or not

Recommended

More Stories From Economy