Bank of Israel Holds Interest Rate at 4.5% for 13th Time in a Row
Despite market expectations for a rate cut due to the strengthening shekel and easing inflation, the Monetary Committee of the Bank of Israel has once...
Category: Mortgages & Finance
For the 12th Time in a Row: Bank of Israel Keeps Interest Rate at 4.5%
Despite forecasts of a rate cut, the Bank of Israel’s Monetary Committee announced on Monday that the Israel interest rate will remain unchanged at 4.5%....
Homeownership in Uncertain Times: Special Provisions for Mortgages During War
The ongoing war in Israel has created widespread financial uncertainty in the real estate industry, especially for homeowners, property buyers, and sellers. Many are unsure...
Average Mortgage in Israel Rises for Fourth Consecutive Month
The average mortgage in Israel rose to NIS 1.06 million in May, a 12% increase and NIS 114,000 in the average mortgage amount compared to...
Nearly 10,000 Claims Filed to Israel’s Compensation Fund in Two Days, Estimated at NIS 1 Billion
As of Monday morning, approximately 10,000 claims—representing an initial damage estimate of around NIS 1 billion—have been submitted to Israel’s Compensation Fund. These figures do...
Mortgage Restrictions, Market Reactions: How Israel’s Developers are Adapting to the 20:80 Shakeup
The Bank of Israel’s recent mortgage restrictions have shaken up the real estate and financing landscape, targeting contractor loans and deferred payment models. While many...
Developers Outraged Over Mortgage Restrictions: “Fewer Will Afford Homes”; Mortgage Advisors Applaud: “Bank of Israel Averted a Bubble”
A storm has erupted in the industry following mortgage restrictions imposed this morning (Sunday) by the Banking Supervision Department at the Bank of Israel, with...
For the ninth consecutive time: The Bank of Israel leaves the interest rate unchanged at 4.5%
The Monetary Committee of the Bank of Israel decided today (Monday) to leave the interest rate at 4.5% in the second interest rate decision of...
Bank of Israel holds interest rate at 4.5%: Implications for Israel’s real estate market
In a highly anticipated decision on January 6, 2025, the Bank of Israel announced that it would maintain its interest rate at 4.5% for the...
More than 44% of mortgages taken in November are high-risk
According to data from the Bank of Israel, the average mortgage in November stood at 1 million NIS. This represents a 1.1% decrease compared to...