Mortgage credit interest rate, percent in Turkey, September, 2025 The most recent value is 38.12 percent as of September 2025, a decline compared to the previous value of 39.56 percent. Historically, the average for Turkey from January 2002 to September 2025 is 20.61 percent. The minimum of 8.3 percent was recorded in June 2013, while the maximum of 58.45 percent was reached in January 2002. | TheGlobalEconomy.com

The weighted average interest rates of housing bank loans in Turkey fluctuated during the period from June 2015 to October 2024. As of October 2024, the average interest rate reached **** percent. The highest average interest rate was seen in the last week of March 2024 and amounted to over ***** percent.

The annual average interest rate on new residential loans in Turkey fluctuated significantly between 2007 and 2024 and has been growing in recent years. In 2024, the annual average interest rate on new residential loans amounted to ***** percent, which was the highest value recorded throughout the observed timeframe.

Lending Rate in Turkey decreased to 42.50 percent in October from 43.50 percent in September of 2025. This dataset provides - Turkey Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage interest rates worldwide varied greatly in June 2025, from less than ******percent in many European countries to as high as ***percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increases in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2024, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.

The benchmark interest rate in Turkey was last recorded at 39.50 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Turkey, Texas. It's important to understand that mortgage rates can vary greatly and can change yearly.

During the period from 2009 to 2021, Turkey saw an increase in annual number of dwelling mortgage sales with some fluctuation. The number of sales reached its peak at over ****** thousand sales in 2020. Then, the number decreased almost by half in 2022 to approximately *** thousand.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Turkey City, Pennsylvania. It's important to understand that mortgage rates can vary greatly and can change yearly.

Turkey Simple Interest Rate: MM: Overnight: Weighted Average data was reported at 22.500 % pa in Oct 2018. This records a decrease from the previous number of 23.466 % pa for Sep 2018. Turkey Simple Interest Rate: MM: Overnight: Weighted Average data is updated monthly, averaging 22.000 % pa from Jan 1990 (Median) to Oct 2018, with 346 observations. The data reached an all-time high of 398.100 % pa in Apr 1994 and a record low of 1.500 % pa in Jul 2011. Turkey Simple Interest Rate: MM: Overnight: Weighted Average data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.M005: Borrowing Rates and Lending Rates.

View quarterly updates and historical trends for Turkey Central Bank Lending Interest Rate (DISCONTINUED). Source: Eurostat. Track economic data with YCha…

Turkey Simple Interest Rate: MM: Overnight: Minimum data was reported at 22.500 % pa in Oct 2018. This stayed constant from the previous number of 22.500 % pa for Sep 2018. Turkey Simple Interest Rate: MM: Overnight: Minimum data is updated monthly, averaging 22.000 % pa from Jan 1990 (Median) to Oct 2018, with 346 observations. The data reached an all-time high of 355.000 % pa in Apr 1994 and a record low of 1.500 % pa in Jul 2011. Turkey Simple Interest Rate: MM: Overnight: Minimum data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.M005: Borrowing Rates and Lending Rates.

Turkey: Bank lending-deposit interest rate spread : The latest value from is interest rate points, unavailable from interest rate points in . In comparison, the world average is 0.00 interest rate points, based on data from countries. Historically, the average for Turkey from to is interest rate points. The minimum value, interest rate points, was reached in while the maximum of interest rate points was recorded in .

The global home loan market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. This expansion is driven by several key factors. Firstly, a consistently increasing global population, coupled with urbanization trends, fuels a persistent demand for housing. Secondly, favorable government policies in many regions, including subsidized interest rates and tax incentives for homebuyers, stimulate market activity. Furthermore, the rising disposable incomes in several developing economies are empowering more individuals to access home loans, contributing to market expansion. Innovative financial products, such as online loan applications and flexible repayment options offered by both traditional banks and fintech companies, are further accelerating market growth. Competition among providers, including banks, housing finance companies, and other financial institutions, is also driving innovation and affordability. However, the market faces certain restraints. Fluctuations in interest rates represent a significant challenge, impacting borrowing costs and consequently consumer demand. Economic downturns and periods of high inflation can also dampen market sentiment and reduce borrowing activity. Regulatory changes and stringent lending criteria in certain jurisdictions might restrict access to credit for some potential borrowers. Geopolitical instability and regional economic disparities also influence market growth, with some regions experiencing faster growth than others. The segmentation of the market by provider (banks dominating, followed by housing finance companies and others), interest rate type (fixed vs. floating), and loan tenure (with longer-term loans exhibiting higher demand) reveals opportunities for targeted marketing and product development. The leading companies, including Bank of America, Goldman Sachs (Marcus), and several international and regional players, are leveraging these trends to expand their market share. The geographical distribution of the market, with significant regional variations reflecting varying economic conditions and housing markets, presents diverse investment and growth opportunities. Recent developments include: September 2022: Citigroup Inc said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions.Less than 100 positions were affected.September 2022: Bank of America is launching a new mortgage product that would allow first-time homebuyers to purchase a home with no down payment, no mortgage insurance and zero closing costs.It will not require a minimum credit score and will instead consider other factors for eligibility.. Key drivers for this market are: Real Estate Market Trends, Government Policies. Potential restraints include: Real Estate Market Trends, Government Policies. Notable trends are: Turkey has the Highest Mortgage Interest Rate.

As of October 2024, the average commercial bank loans in Turkey in Turkish lira was **** percent, as compared to **** percent in euros and *** percent for U.S. dollar loans.

Turkey Lending Rate: MM: Overnight: End of Period data was reported at 25.500 % pa in Oct 2018. This stayed constant from the previous number of 25.500 % pa for Sep 2018. Turkey Lending Rate: MM: Overnight: End of Period data is updated monthly, averaging 12.000 % pa from Mar 2002 (Median) to Oct 2018, with 200 observations. The data reached an all-time high of 61.000 % pa in Mar 2002 and a record low of 6.500 % pa in Jun 2013. Turkey Lending Rate: MM: Overnight: End of Period data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.M005: Borrowing Rates and Lending Rates.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Mortgage credit interest rate, percent in Turquie, septembre, 2025 Pour cet indicateur, Central Bank of the Republic of Turkey fournit des données pour la Turquie de janvier 2002 à septembre 2025. La valeur moyenne pour Turquie pendant cette période était de 20.61 pour cent avec un minimum de 8.3 pour cent en juin 2013 et un maximum de 58.45 pour cent en janvier 2002. | TheGlobalEconomy.com

Turkey Simple Interest Rate: MM: Late Liquidty Window: Max data was reported at 16.500 % pa in Jun 2018. This stayed constant from the previous number of 16.500 % pa for May 2018. Turkey Simple Interest Rate: MM: Late Liquidty Window: Max data is updated monthly, averaging 11.750 % pa from Oct 2002 (Median) to Jun 2018, with 75 observations. The data reached an all-time high of 28.000 % pa in Dec 2004 and a record low of 1.750 % pa in Oct 2010. Turkey Simple Interest Rate: MM: Late Liquidty Window: Max data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.M005: Borrowing Rates and Lending Rates.

The Overnight Lending Rate in Turkey is the interest rate at which the Central Bank of the Republic of Turkey (CBRT) lends money to commercial banks overnight.-2025-03-06