In Mongolia the interest rate for the mortgage housing loans] is lowere

In Mongolia the interest rate for the mortgage housing loans with 8 is lowered to 6 percent. The minister of constructions reported on October 16 about it and town-planning of Mongolia Begzzhavyn Munkhbaatar. The housing mortgage credits with a six-interest rate started giving out through commercial banks, since this Friday. According to the minister, the monthly income of the family submitting an application for receiving a housing mortgage, has to make not less than 1 million Mongolian tugriks of/350 dollars of the USA/. Now more than a half of the population of the Mongolian capital lives in yurtochny areas where there are no water supply systems, central...