The Government will Help Large Families with a Mortgage

The head of the government Dmitry Medvedev signed a decree regulating mortgages to families with many children.

Under the new rules, the rate of mortgages will be subsidized at 6 percent for three-five years for families that gave birth to a second or third child from 1 January 2018 to 31 December 2022. The government believes that families that have given birth to the second and third child through this initiative will in total take out loans up to 600 billion rubles at a reduced rate.

We should note that recently, Dmitry Medvedev also signed another decree, considered a controversial resolution, that prohibits drivers throwing cigarette butts out the window of the car. In addition, this resolution suggests that the cottagers will have to do the weeding of grass on their plots of land, which should reduce the likelihood of fires. Those, neglecting new rules will pay fines. The Former Russian President Medvedev should also be one of the speakers in a new documentary about Vladimir Putin. The author of the movie, which release is timed to the presidential election, was Andrei Kondrashov. In 2015, his film «The Crimea. The way Home» was launched, in which Vladimir Putin was one of the main characters too.