The details of the new campaign at the residence were clear. The Ministry of Finance and Finance, together with the Ministry of Environment and Housing, is launching a new campaign to dissolve the stock market.
In the context of the campaign, which is expected to be launched in November, the project, which will facilitate the housing sector, does not offer an attractive opportunity for the citizen who wants to buy housing.
Mortgage loans, which reached peak levels after the increase in the exchange rate since August, began to decline but still did not descend to the levels that citizens like. According to the information obtained from KrediPazari.com, mortgage rates on banks fell to 2.61%. The interest rates on mortgage loans made by private banks in recent weeks, the lowest interest rate on the home loan, excluding expenses, did not even fall below 1.98%. The Ziraat Bank implements a 1.98% interest rate on home loans up to 100 thousand TL. The ratio between 100 and 500 thousand TL is 2.09%.
In addition to the Ziraat Bank, ING Bank has extended mortgage loans at an interest rate of 2.09% in TL 100 thousand. With interest rates of 2.09%, the mortgages of VakıfBank and HalkBank on mortgage loan products exceed 100 thousand TL and interest rates increase.
Considering that a citizen who wants to buy a home with an average house price of 300 thousand TL can use 80% of the value of housing valuation, a housing loan of 240 thousand TL with a maturity of 120 months and an interest rate of 2, 09% when the calculation of the housing loan is made, the monthly payment is 5 thousand 473 TL. corresponds to. The total amount of reimbursement of citizens is 656 thousand 760 TL.
To have housing, interest rates on mortgage loans are expected to decrease. Real estate for resettlement of housing accommodation Although housing is sold in the residential pool, citizens can not obtain housing at the interest rates of current real estate loans. Although the stocks that will be collected at Emlak Konut will be sold at low prices, it does not appear to be successful in obtaining affordable housing without a reduction in interest rates on real estate loans.
As a result of the exchange rate that began to occur in early August, banks began to raise interest rates on the housing loan. The increase in home loans increased rapidly in mid-August, when the exchange rate saw peaks. There have been further increases in interest rates on banks' banks, which are almost weekly.
Being one of the most important ways to become an owner is to obtain loans to housing, but after the economic evolution of our country, it still loses its charm and still remains the solution for many people. After the rapid increase in the banks' exchange rate and the rise in central bank interest rates, home loans also increased significantly.
One of everyone's dreams is to have their own home. Nowadays, although it does not seem realistic to get home to accumulate funds awaiting the time and the right conditions are waiting for the decline in interest. What is the time to buy a house in this period near the end of 2018? The exchange rate is on the descent path. The Central Bank has kept interest rates unchanged for October. But when interest rates fall from home loans?
The average interest rate of banks was 1.73% at the beginning of August and reached 2.32% at the beginning of September. The increase in acceleration continued in September. On September 13, the Monetary Policy Committee of the Turkish Central Bank increased its interest rates in September and increased it from 17.75% to 24%. Following the decision to increase the interest rate, the average interest rate of banks in home loans reached 2.63%.
At the end of October, the average interest rate reached 2.68%. The increase continued until mid-October, with the reduction of Akbank's interest rate. When the third week of credit crunches of housing loans October Akbank gelinil initiated by ING Bank, Turkish Kuwait Turkey Finance and banking, Yapı Kredi continued. With the discounts, the average housing loans of the banks decreased for the first time after June.
When I'm going to deduct
On May 10, the rate of reduction of housing loans, initiated by public banks, ended on July 2. After July 2, President Erdoğan and the Minister of Finance and Finance, Berat Albayrak, were invited to carry out studies on the cuts in the interest rate of housing.
When banks did not deduct housing loans, the housing campaign in the sector was organized with the support of the Ministry of Environment and Housing at the end of August. According to the research carried out by KrediPazari.com, the mortgage loan rate of 0.98%, 10% discount and 10% discount were applied within the scope of the campaign. The campaign, which is only valid in branded houses, zero, was not fully effective for the need for citizen housing pending the cut of fees.
Finance Minister Berat Albayrak announced on October 9 that he would like to receive a 10% discount on interest rates on the loan. He did not like the joy of the citizens who will attract and attract housing loans. Shortly after, it was understood that housing loans were not included in the discount.
The interest of the Central Bank in October does not change the interest rate of experts in the exchange rate of exchange rates in the absence of an unusual increase in interest rates on real estate loans.
The housing campaign implemented by Emlak Konut under the leadership of the real estate sector ends October 31. Experts' forecasts are that the VAT reductions on home purchases and the housing campaign in the sector will end by the end of this month, as well as a reduction in interest rates on real estate loans expected to promote home purchases.