Posts Tagged fixed interest rates
Is Mortgage = Konut Kredisi (home Loan) in Turkey ?
In Turkey, home loans (‘Konut Kredisi’ in Turkish) have been used for some time even though there was not a mortgage law similar to the ones in other countries. On March 2007, the first-ever Turkish mortgage law was approved and a new home loan system started. Here we review the changes brought with the new mortgage law.
Below is a list of important changes that are brought with the new mortgage law in Turkey:
Tags: consumer price index, economy in turkey, fixed interest rates, interest rate loans, interest rate mortgages, interest rate risk, mortgage interest rate, mortgage law, turkish banks, variable interest rateRelated posts