{
  "id": 9587046,
  "title": "Russia ties family mortgage rates to the number of children. In Moscow, the rate for one-child families doubles to 12% on October 1.",
  "url": "https://urgent.news/2026/09/24/russia-ties-family-mortgage-rates-to-the-number-of-children-in-moscow",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T16:18:10.000Z",
  "source": {
    "name": "Meduza (English)",
    "slug": "meduza-english",
    "url": "https://meduza.io/en/news/2026/09/24/russia-ties-family-mortgage-rates-to-the-number-of-children-in-moscow-the-rate-for-one-child-families-doubles-to-12-on-october-1"
  },
  "original_language": "en",
  "account": "Russia has revamped its \"Family Mortgage\" program, linking mortgage interest rates to the number of children in a family and their location within the country. As of October 1, the rate for one-child families in Moscow, St. Petersburg, and the surrounding regions will double to 12%, whereas families with five or more children will enjoy a rate as low as 4%. In these areas, families can borrow up to 12 million rubles for one-child families at the new rate, and up to 18 million rubles for families with five or more children. Meanwhile, outside these metropolitan areas, the rate for one-child families will remain at 10%, with a loan limit of 6 million rubles, while families with five or more children can borrow up to 10 million rubles at a rate of 2%. The Finance Ministry claims this adjustment aims to better align the program with demographic goals. Previously, the program offered a uniform 6% rate with a 12 million ruble limit in key cities and a 6 million ruble cap elsewhere, with borrowers required to make a 20% down payment. The initiative was introduced in 2018, and there have been recent discussions about modifying the program's terms.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}