Mortgage less than 1% - Turkish market lowers rates

Mortgage less than 1% - Turkish market lowers rates

The Turkish government is discussing a new mortgage law, and if it enters into force, the mortgage rates in the country could fall to 0.6-0.7% per month.

Today, interest rates in Turkey are already low - 1-1.2% per month. Turkish realtors hope that the introduction of new conditions on mortgage loans will keep the high sales of Turkish real estate. During 2015 were sold more than 1 200 00 properties in different price segments. The highest sales growth was recorded at the end of the year, in November and December.

Market experts believe that the introduction of new rates will allow to achieve in 2016 no less results than in 2015.

According to the materials antalyatoday.ru
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