Expert Radchenko: Family mortgages will not be resumed before the beginning of 2025
The resumption of preferential family mortgages should not be expected before the beginning of 2025. The corresponding deadline was named by the vice-president of the International Academy of Mortgage and Real Estate Irina Radchenko in a conversation with “Radio point NSN”.
According to the expert, it is unlikely that new funds will be allocated for the remaining two months of the program. “A certain budget was provided for this year, it has been exhausted. We already have a deficit, and the government has, to put it mildly, higher priority expenses. Therefore, I think that it is unlikely that in the current circumstances the cabinet of ministers will meet to allocate some more billions to continue family mortgages. And next year they are provided, there will be a mortgage at six percent until 2030. We need to wait for the limit to be updated,” Radchenko noted. She added that as a result, deferred demand will arise – Russians who meet the requirements necessary to receive a family mortgage will begin to enter into transactions next year.
Earlier that day, the press service of the Ministry of Finance reported that the general limit for the family mortgage program will last until November of this year.
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