Mortgage Rates Are Also Very High
The economy in our country is negatively affecting business sectors and life with its surprising ups and downs. With the incredible rise in iron prices, house prices have also increased significantly. Contractors cannot do anything about this situation because they would suffer losses if they sold at a low price. Those who want to buy a house are quite surprised by the increased house prices in the new year, and everyone has had to postpone their dream of owning a home to future years. It is not only house and apartment prices that have increased. Mortgage loans, given to those who want to buy a house, have also increased incredibly. The interest on a loan to be paid back in 10 years is almost equivalent to one-third of the price of the house purchased. For this reason, real estate sales have decreased significantly.
