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Mortgage applications are an important economic indicator that measures loan demand and the impact of interest rates in the housing market.
Mortgage Banks Association (MBA) announced mortgage application data for the week ending September 18. Accordingly, mortgage applications decreased by 1.5 percent last week compared to the previous week.
During this period, mortgage applications for purchasing a house decreased by 1 percent and refinancing applications decreased by 3 percent. The average interest rate for a 30-year mortgage in the country increased from 6.97 percent to 7.12 percent last week.
During the same period, the average interest rate for a 15-year mortgage increased from 6.30 percent to 6.43 percent.
MBA Vice President Joel Kan stated that mortgage interest rates rose sharply last week, reaching the highest level since May 2024.
Turkish Exporters Assembly Carpet Sector Board Chairman İskender Kaplan announced that exports were made to 178 countries in the first 8 months of the year and the total export volume of the sector remained strong, led by machine-made carpets.

Economist Mahfi Eğilmez warned that the $210.8 billion net foreign exchange deficit of real sector companies could turn into a macroeconomic risk in case of exchange rate shocks. Eğilmez reminded the fragilities of the banking sector in the 2001 crisis and stated that the situation should be closely monitored.
Vice President Cevdet Yılmaz, in his speech at the 21st MÜSİAD Expo, stated that despite global geopolitical tensions, the Turkish economy stands out positively with its production and export power. Yılmaz announced that they set an export target of 450 billion dollars for 2029.

VitrA Karo introduced its new collections prepared with the 'Material Intelligence' approach and its innovative technologies called V-Flex and V-Tone at the Cersaie 2026 fair held in Bologna, Italy.

The Ministry of Treasury and Finance made changes to the MASAK circular and updated the monetary limits in prepaid cards, life insurance and retirement plans. The regulation aims to provide obliged parties with a wider area of action in line with the needs of the sector.
The Ministry of Treasury and Finance made changes to the MASAK circular and increased the monetary limits in retirement, life insurance and prepaid card transactions. The regulation also aims to facilitate the follow-up of UNSC decisions by obliged parties.