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The Government will give 4.4 billion more for mortgage loans

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The Government will give 4.4 billion more for mortgage loans

The prime minister of the Russian Federation, Dmitry Medvedev, said this today in the State Duma. 20 billion rubles, according to him, will be directed towards the subsidizing of a mortgage. “The interest rate is now 12%. And with a decrease in the key interest rates of the Central Bank, rates on mortgage loans will decrease," the prime minister said.


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