The message of the Central Bank’s tight monetary policy affected credit interest rates. Despite rising expectations in recent times, there was limited decline in housing loan interest rates. The decrease in credit interest rates, closely followed by those dreaming of buying a house, has slowed down. The statement by Central Bank President Fatih Karahan that “we are not on autopilot” regarding interest rate cuts slowed down the activity in loans. The Central Bank’s tight monetary policy message limited the expectations of reduction in housing loan interest rates in the short term. After the interest rate cut by the Central Bank in January, a public participation bank had reduced the interest/profit share ratio for housing loans to 2.74. The lowest interest rate for housing loans is still seen as 2.74%. In other banks, interest rates range between 2.85-3.5. With a 2.74% interest rate over a 120-month term, the repayment of 1 million lira amounts to 28,512 lira per month. The total repayment is calculated as 3,422,705 lira.