Sberbank, according to its website, has lowered mortgage interest rates, so since May 6, 2020, loans on condos in new homes will be available from 6.2% per annum (for the bank’s payroll customers), while on secondary-market housing rates start from 8.1% (given a discount for Sberbank’s payroll customers or members of the Young Family program).
Mortgage rates for move-in ready real estate will be cut by 0.4 pp. Mortgage rates for new homes will be cut by up to 0.5 pp.