Minister of Youth and Sports proposes to lower mortgage loan interests to young families
The Azerbaijan Minister of Youth and Sports Azad Ragimov proposes to decrease the mortgage loan interests to young families, the Minister told Trend.
He proposes to reduce the yearly interests to 9 %, and the initial amount is not to exceed 15-20%, he thinks.
According to him, the issue of mortgage loan allocating conditions to young families has not been decided yet. He has recently met with the Mortgage Fund chairman and there were discussions around the issue of the first payment and the loans annual interests. Ragimov is sure accord may be achieved over these two issues.
According to him, for today appeals from young families come to the Ministry, some of them are displeased with the current loan conditions. The Minister said also, the privileges will cover in the first line refugees and internally displaced persons.