The family mortgage rate at the birth of a third child may be reduced to 4%

Anatoly Aksakov, head of the State Duma's financial market committee, said on September 19 that parliamentarians were discussing the idea of reducing the family mortgage rate to 4% at the birth of a third child.

"At the birth of the first child, there will be an increased [rate], but below the market rate — 12% is proposed with the Ministry of Finance. At the birth of the second child, it is the same as it is today — 6%," the deputy told TASS.

The news is being updated