Interest rates on mortgage loans have been revised in ARARATBANK, and from July 31 they are provided at a rate of 1% lower than current rates. Mortgage loans in AMD are offered at a rate of 10% per annum, with a maturity of 20 years.

The rates of mortgage loans provided under the "Apartment for Youth" program have also been reduced. Within the framework of this program, the interest rate on credits, issued from July 31, is 8%, 2% of which is subsidized in Yerevan, and 4% - in case of acquisition of residential real estate in the regions of RA.

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