Moscow warns US any shellings of Russian task force by Syrian opposition will be thwartedRussian Politics & Diplomacy September 21, 9:16
Tillerson says Trump may have decision on Iran nuclear dealWorld September 21, 7:46
Top diplomat confirms Russia’s commitment to maintaining Iran nuclear dealRussian Politics & Diplomacy September 21, 4:28
No need to review Iranian nuclear deal — MogheriniWorld September 21, 3:50
Mexico earthquake death toll tops 230World September 21, 3:15
Senior diplomat explains why Moscow did not back US declaration on UN reformRussian Politics & Diplomacy September 21, 2:20
Russia’s proposal on UN mission in Donbass still on the table, diplomat notesRussian Politics & Diplomacy September 21, 1:42
Putin, Erdogan may have telephone conversation soon — KremlinRussian Politics & Diplomacy September 20, 21:39
Lavrov offers condolences to Mexican people over deadly earthquakesRussian Politics & Diplomacy September 20, 21:01
NOVO-OGAREVO, February 1. /TASS/. The Russian government has decided not to extend the program on subsidizing interest rates on mortgage rates, First Deputy Prime Minister Igor Shuvalov said at a meeting between Russian President Vladimir Putin with members of the government.
"Considering quite significant stabilization on the financial market and the low inflation that we have at the end of 2016, the government decided not to continue this program (to subsidize mortgage rates), because the commercial banks now offer mortgage rates from 12 % or less," Shuvalov told the President.
Mortgage interest rates will decline in 2017 following the key rate of the Bank of Russia, according to Shuvalov.
"We hope interest rates of Sberbank, VTB 24 and other commercial banks will go down along with the key rate reduction throughout 2017 and mortgages will be more affordable for our citizens," Shuvalov said.