The decrease in rates amounted to 0.3% of points from the current positions. Such a discount will be available from May 12, 2020 when making transactions electronically through the "Electronic registration" service. Recall that the Bank of Russia previously spoke about the possibility of conducting transactions online. The financial regulator announced a temporary easing of the requirements for banks to identify customers to conduct mortgage transactions remotely. According to the head of the regulator Elvira Nabiullina, this is done in order not to slow down the transactions on the purchase of housing with a mortgage.
Recall that this is not the first rate cut by the largest national bank. So, since May 6, there has been a decrease in interest rates on mortgage loans by an average of 0.5% points. The minimum rate on a housing loan in a new building was 6.2%, in the secondary market - 8.1%.
According to Nikolai Vasev, director of the DomClick division of Sberbank, the demand for electronic registration of mortgages with the beginning of universal self-isolation increased by 50% for mortgage transactions and six times - for real estate transactions without mortgages.
The day before, the President of the Russian Federation instructed the government, together with the Central Bank, to approve the plan by June 1 measures to introduce online technologies into the financial sector, including those related to the provision of mortgage loans.
Source: TASS
