Interest rates paid by beneficiaries of First Home programme down

13:17 | 03.01.2019 Category: Economic

Chisinau, 3 January /MOLDPRES/- The actual interest rate paid by the beneficiaries of the loans granted under the First Home programme has diminished starting from 2 January by another 0.3% and is 6.1%.

Finance Minister Ion Chicu made the statement on a social network page. According to Chicu, reducing interest rates increases the chances of young people to buy a home.

By late 2018, over 1,200 people have applied for a loan through the First Home programme. As a result, 1,125 families and youngsters have already received a credit to buy a house. The total amount of loans is 535.4 million lei.

The First Home programme was launched in March 2018.

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