Skopje, 21st November 2014 (MIA) – “But A House, Buy a Flat” Project has yielded significant effects as regards creating a competitive market and lowering the interest rates on housing loans, Deputy Prime Minister and Minister of Finance, Zoran Stavreski, said.

He pointed out that now interest rates on housing loans were at historically the lowest level of around 3%, being a good opportunity for many citizens to resolve their housing issue once and for all.

– Banks, taking into account that interest rates through “Buy A House, Buy a Flat“ Project are low, below 4%, have reduced the interest rates so that they could market their housing loans. Interest rate on these loans has been reduced to historically the lowest level. To be able to get a housing loan with an interest rate below 3% is a good chance for the citizens to resolve their housing issue once and for all, Stavreski underlined.

He went on by saying that he was pleased they succeeded in stimulating large number of citizens to think about resolving the housing issue. Following the Fair, which was organized almost a month ago, number of citizens who apply for “Buy a House, Buy a Flat” Project has increased. Through the Project, they would be directly extended support up to EUR 15,000 by the Government.

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