The share of subsidized mortgages in Russia is set to be reduced to 25-30% by 2030.
The Russian Ministry of Finance intends to gradually reduce the share of preferential mortgage programs in the overall volume of lending. By 2030, they plan to cut this figure to 25-30%. Currently, state programs account for about 90% of issuances in the primary market.
Deputy Finance Minister Ivan Chebeskov stated to "Izvestia" that state policy should not be based on the fact that a large part of lending is carried out on preferential terms. According to him, at the beginning of 2026, the share of state programs in mortgage issuances in the primary market was about 90%.
"Building state policy on the premise that a large part of lending will be carried out on preferential terms is incorrect," Chebeskov emphasized. At the same time, he noted that the Ministry of Finance would like to see a higher level of market housing loans.
In response to a question about the impact of new conditions for family mortgages on the share of state programs, the deputy minister reported that no drastic measures are planned. The reduction in share will occur gradually.
Другие Новости Кирова (НЗК)
The share of subsidized mortgages in Russia is set to be reduced to 25-30% by 2030.
The Ministry of Finance stated that they plan to reduce the share of government programs in loan issuance from the current 90% to 25-30% by 2030.
