Mortgages & Finance Mortgage market in Israel hits record levels in 2020 — with a significant rise in risk level
In 2020, banks in Israel loaned a whopping total of NIS 78 billion for housing – an increase of 12% from the previous year. At the same time, the level of risk increased, with 40% of borrowers taking out mortgages at a rate of more than 60% of the value of their homes. These figures…
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