Average mortgage up steeply

Posted on 10. Jan, 2010 by buyitinisrael in Israel Real Estate

The rise in apartment prices has forced buyers to borrow more money. The average mortgage taken by Israelis in 2009 was NIS 670,000, 13.5% more than the average mortgage of NIS 590,000 in 2008, according to a TIM Mortgage Brokerage Ltd. survey for “Globes”.

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