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Breaking news: Russian Government Bank raised the key rate at 1 point to 9,5%

Breaking news: Russian Government Bank raised the key rate at 1 point to 9,5%

Breaking news: Russian Government Bank raised the key rate at 1 point to 9,5%. It is the maximum value for 5 years, since the spring of 2017. During the 2021 the rate increased from 4,25% to 8,5% for year.

In a short-term perspective demand for mortgage may enlarge - that’s because the probability of further raising the key rate and increasing of estate’s price.

However, it is important to take into account, that experts are waiting for declining the rate for 3 points in 2023.

From 11.02.2022


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