construction of your home as simple and understandable as buying apartments. in addition , the domrf institute approved a pilot program to subsidize loans provided by the contractor for the construction of individual houses using iskrou. the interest rate for developers will be subsidized up to 1% per annum, six banks are currently operating the largest, together with the russian federation house in this direction. and due to preferential lending , the availability of services for contracting organizations will increase, this will ensure the protection of citizens. in the construction of individual housing, in total we assume under this program, which means that in the coming year we will build 1 million m2. the main activities for the development of izh are combined within the framework of the government initiative my private home. together with rosreestr , the possibility of registering rights to izh within three days from the date of filing an application has been ensured. one of the important decisions was distribution of all current preferential mortgage programs segment of individual. ho

growth of the key rate , credit institutions explain, after the increase key rate to 18%, rates on market mortgages have grown even more, according to operational data from domrf, now the average rates offered by banks on market programs are in the region of 197-20% per annum. let me remind you that on july 26 , the central bank raised the key rate from 16 to... this is the maximum since march 2022, at the next meetings the regulator will consider the advisability of further increase. the head of the central bank elvira biulina, speaking last week in the federation council, said that mortgage rates will inevitably begin to decline as the surge in inflation subsides and lowering the key rate. analysts do not expect a reversal of the situation yet. and here the question arises: the key rate has been at the level for some time. and yet interest rates on market mortgages have been growing. the main factor here was the yield on ofz. banks are guided by it as an indicator of the cost of money. with the key rate unchanged, ofz yields continue to grow. experts believe that in the short term , the growth of mortgage rates will lead to a cooling of the market, which is