Mortgage Rates Surge 7 Points to 41.23%

Rising energy costs and concerns over a new wave of inflation are driving up mortgage loan interest rates. With global central banks adopting a more hawkish stance, domestic mortgage rates have increased by 7.06 percentage points since the week the US-Iran conflict began. This surge has pushed the annual weighted average interest rate from 34.17% to 41.23%. The development in the markets was triggered by the negative impact of rising energy prices on inflation expectations. As expectations for interest rate hikes by global central banks strengthened, domestic mortgage costs rose rapidly. This situation is particularly complicating financing conditions for homebuyers. Experts note that this rise in rates could suppress housing demand and lead to a cooling in the market. However, it is stated that if uncertainty in energy prices and geopolitical risks persist, rates could climb even higher. This is not investment advice.

📊 KCHOL — Piyasa Yorumu

▼ down · 65%

The sharp increase in mortgage interest rates implies a contraction in credit demand and rising default risk for the banking sector. KCHOL stock already exhibits a technically weak outlook, with the RSI approaching oversold territory at 35, while the MACD remains below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages, indicating that short-term pressure may persist. Given the negative impact of the news, the stock is expected to continue its downward trend over the next 1-3 days.

RSI 14

35.2

MACD

-1.39

24h Δ

-1.08%

📊 SAHOL — Piyasa Yorumu

▼ down · 70%

SAHOL shares closed 2.95% lower, with the RSI entering oversold territory at 20.9. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. A 7-point increase in mortgage rates could negatively impact the construction and real estate sectors, potentially pressuring related companies within SAHOL's portfolio. Although technical indicators point to oversold conditions, the news of rising rates may amplify selling pressure. Therefore, the downtrend is expected to persist in the near term.

RSI 14

20.9

MACD

-1.10

24h Δ

-2.95%

📊 GARAN — Piyasa Yorumu

▼ down · 65%

The sharp increase in mortgage interest rates is leading to a contraction in loan demand and a rising risk of non-performing loans for the Turkish banking sector. GARAN stock is already exhibiting a technically weak outlook; although the RSI at 34 is approaching oversold territory, the MACD remains below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages, confirming short-term downward momentum. Combined with the negative impact of the news, the stock is expected to continue its downward trend over the next 1-3 days.

RSI 14

34.4

MACD

-0.77

24h Δ

-2.53%

📊 ISCTR — Piyasa Yorumu

▼ down · 70%

The sharp increase in mortgage interest rates is a negative signal for the banking sector and could constrain loan demand. Although ISCTR stock is technically in oversold territory (RSI 20.2), the MACD and moving averages indicate that downward momentum persists. Short-term selling pressure is likely to continue, but the pace of decline may be limited due to oversold conditions. Investors need to assess the impact of the rate hike on profitability.

RSI 14

20.2

MACD

-0.20

24h Δ

-2.20%

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