Minister of Finance Anton Siluanov said that the department has sent proposals to the government to change the conditions for issuing preferential mortgages. According to the official, this will “cool down” the demand for credit products.
“Yes, they did,” Kommersant quotes. “You saw that mortgages were heated up.”
The minister explained that it is necessary to “take a little cooling measures” so that “there are no bubbles.” Siluanov also noted that “weighted, balanced decisions” are required to develop the market “without sudden jumps.”