OREANDA-NEWS The State Duma proposed to reduce mortgage rates in Russia — to do this, you need to link the maximum interest on loans to the key rate of the Central Bank (CB). This initiative was made by the leader of the Fair Russia — For Truth party, Sergei Mironov, RIA Novosti writes.

The deputy proposes to ensure that the interest rate under the housing loan agreement does not exceed the Central Bank's key rate by more than two percentage points. Mironov expects that the measure will make housing more affordable for Russians and reduce the financial burden on borrowers.