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Mortgage

(Turkish Treasury and Finance Minister Minister Nureddin Nebati)

Turkey introduces cheaper mortgages for mid-income citizens

Turkey announced a cheap mortgage package for middle-income first-time homebuyers, as the government is trying to address problems in the real estate market of the country where the prices and rents hiked above the accessible level. Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy new housing,…

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