Mortgage rates ought to be adjusted based on geographical location and family size, according to the deputies' statements.
In a recent policy proposal, the chairman of the "Fair Russia - For Truth" party, Sergei Mironov, has suggested a mechanism aimed at encouraging larger families in Russia. The proposal, which is a further policy idea from Mironov, suggests a differentiated mortgage rate that would depend on the number of children in a family.
Mironov believes that this mechanism would be as effective as reducing the rate in increasing the birth rate by 1.5 times. He proposes writing off part of debts upon the birth of children, with 500,000 rubles for the first child, 600,000 for the second, and 700,000 for the third.
The differentiated mortgage rate, as proposed by Mironov, would not only be based on the region but also on family size. He suggests reducing mortgage rates in regions following the example of "Far Eastern" and "Arctic" mortgages. Mironov finds the current 6% rate for family mortgages with state financing too high and advocates for gradual mortgage repayment, starting with the first child.
The rate for young, large families should be zero, providing interest-free housing loans, according to Mironov. However, the proposal does not specify the exact amount or terms of the debt write-off beyond the amounts for the number of children.
It is worth noting that the idea of a differentiated mortgage rate is being developed by the government, according to 360.ru. However, as of August 2025, there is no publicly available or recent information indicating that Mironov's proposal to offer interest-free housing loans and debt waivers for families with multiple children in Russia has been adopted, implemented, or is currently active.
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In response to Mironov's proposal, an increased focus on family size might influence various news sections, such as 'general-news' and 'politics'. The finance sector could also be impacted if the government adopts Mironov's plan for interest-free housing loans and debt waivers, especially in the business sector, as it could influence mortgage rates and family-related financial decisions. Additionally, the potential implementation of the differentiated mortgage rate might be a topic of discussion in the 'business' and 'finance' sections, with the proposed reduction of mortgage rates in certain regions and for larger families potentially affecting the real estate market.
