A mortgage loan is a huge debt, and monthly repayments could be among the highest bills a household pays. Every borrower dreams of the day they no longer have to pay back their mortgage lender — it means owning their home outright, having more cash to play with each month, and even saving money on interest. Paying...
2022 has been an extremely difficult year for borrowers with variable-rate mortgages. After nearly 8 straight years of paying about 1.5%, mortgage holders have been hit by 6 consecutive rate hikes and are now paying closer to 4.25%. This is a big deal. On a 30-year loan, this leads to an approximate 40% increase in...
In Israel, there are a large number of different mortgage options, rates, and tracks available to home-buyers. Rates can be variable, fixed, or semi-fixed; loans may be linked to an index, and banks can lend in various different currencies. These choices can be confusing especially to foreigners who are familiar with completely different mortgage offerings...
One of the most commonly asked questions by people seeking to buy a home in Israel is “how much can I borrow to buy a home in Israel?” The response to this question is twofold and can best be answered by asking two further questions: 1. What is the value of the property you are...
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Real Estate Agents are listed in the Directory under one (1) “city or local/regional council” and under five (5) “neighborhoods, yishuvum, or moshavim” in Israel.
All other Professionals are listed in the Directory under three (3) “cities or local/regional councils”.
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