Madad, Housing Index and Building Cost Index in Israel
The Madad, which is the Hebrew for Consumer Price Index (CPI) or rate of inflation, is followed very closely by Israelis since movements in the...
Category: Mortgages & Finance
5 strategies for navigating the mortgage crisis in Israel
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...
A stronger dollar against the shekel makes buying real estate in Israel easier but is not the only reason for an increase in non-resident purchases
After several consecutive weeks of the US dollar weakening, the trend has changed, and the dollar has begun to strengthen against the shekel. Real estate...
Rising interest rates are bringing down home prices across the world – except in Israel
While a strong wave of interest rate increases sweeping the Western world has led to price declines in the United States, Canada, and New Zealand,...
Interest rate increased by an additional 0.75%; mortgage borrowers expected to pay tens of thousands of shekels more
The sharpest rate of increase in the past 20 years brings the prime interest rate to 3.5 percent, only 4 months ago it was 1.6...
Gamechanger for the Israeli real estate market: Limited linkage to construction cost index; rising interest rates; and a stronger dollar
New legislation that protects buyers of new homes from unpredictable price increases of hundreds of thousands of shekels; an increase in interest rates that is...
How will the Bank of Israel’s interest rate increase impact the real estate market?
For the first time in four years, the Bank of Israel announced that it will be increasing interest rates. What does this mean for borrowers...
The silent killer when purchasing new construction in Israel
Investing in new development in Israel has proven to be very lucrative over the past several decades. It is not uncommon to hear stories of...
An ambitious reform to ease the process of taking a mortgage in Israel
Set to cross the NIS 100 billion mark in 2021, the Israeli mortgage market is thoroughly enjoying the soaring real estate prices. However, the Bank...
The Bank of Israel published new restrictions that may hurt those borrowing for investment or home improvement
The Bank of Israel has drafted a restriction that will prevent buyers from taking out loans to supplement their equity when purchasing a new apartment...