Posts Tagged ‘Assumption’

Predictions on the Mortgage Market (konut Kredisi Pazarı) in Turkey

Size of the Turkish Mortgage Market The Turkish mortgage market has shown promising growth in the last few years. While the existing mortgage loans had a share of only 0. 6 percent of the GDP in 2004, the share jumped to 2. 6 percent in 2005, and then to 4 percent in 2006. Currently the [...]

Understanding Sub Prime Mortgages

A sub-prime mortgage is a mortgage that is extended to people who are not qualified to get the normal mortgage. Most of these mortgages are offered by the same companies that offer the mainstream mortgage but in a different lending institution. The rates for sub-prime mortgages are higher than the rates for prime mortgages thus; [...]

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