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ARC: coronavirus has not reduced demand for Far Eastern mortgages

ARC: coronavirus has not reduced demand for Far Eastern mortgages

Despite the coronavirus pandemic and negative changes in the economy, the Far East continues to issue a mortgage at 2%. According to the Director General of the Agency for the Development of Human Capital in the Far East and in the Arctic Sergey Khovrat, the dynamics of the indicators for the program remain positive.

According to him, last week, residents of ten regions of the Far Eastern Federal District signed contracts for obtaining preferential mortgages. Now 6 agreements have been concluded for a total of about 178 billion rubles, and the number of applications is approaching 21,5 thousand. The average loan size remains the same - 23 million rubles. 

The leader in the number of applications is Yakutia, where over the entire duration of the program, residents submitted more than seven thousand applications. There have already been concluded 1 agreements worth 643 billion rubles. Primorie is the leader in terms of the number of contracts, where 6,4 young families received housing loans at 2% and the total amount of funds provided exceeded six billion rubles.

Previously, Doctor of Economics, professor of research at the North-Eastern Federal University Tuyar Gavrilyev did not recommend taking an apartment on the Far Eastern mortgage as an investment. In her opinion, the program is useful for those who need housing, and for investments it is better to choose other options.

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