For a mortgage for exempts will allocate 40 million

Residents of Kursk will be able to issue credit on housing at a reduced interest rate. From reserve funds Kursk Region will be allocated 40 million rubles for improvement of living conditions of preferential categories of citizens. Among them — disabled people, needy, large and young families. Participants of the program will be able to issue a mortgage with a rate three percentage points lower market which will remain for all term of crediting. The rate decreases at the expense of a single payment of the builder to bank. Administration of Kursk region provides a subsidy for compensation of 50% of this payment. As a result inhabitants significantly save on the mortgage...