OREANDA-NEWS. The Bank of Moscow has revised existing terms for mortgage crediting. Starting from December 19, there was established a unified interest rate in roubles (14.95% per annum) for all mortgage programmes (subject to complex insurance). If complex insurance is not chosen, loan interest rate is set at the level of 15.95%.

Unified interest rate is introduced for all mortgage loan contracts concluded starting from December 19. In this case, the credit limit previously approved for the client is to be kept. Under all the loan agreements, already concluded with the Bank of Moscow, the obligations are to be fulfilled on initial terms.