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Sberbank promises to decrease mortgage rates from Friday

MOSCOW, Nov 21 (PRIME) -- RussiaТs top bank Sberbank will decrease minimal mortgage interest rates to 6.5% for new homes and 8.5% for existing homes, the bank said in a statement on Thursday.

УSberbank notifies of a reduction in interest rates for the mortgages, for which clients will apply from November 22, 2019. A newly-built apartment may now be bought at at least 6.5% annually, and a secondary housing apartment at 8.5%,Ф the statement read.

In October, Sberbank cut mortgage rates by 0.3 percentage points for most products and by 0.6 percentage points for refinancing of mortgages issued by other banks.


21.11.2019 13:38
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