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...
Category: Mortgages & Finance
Israel mortgage market heats up: 20% increase compared with 2020
Analysis of the Israel mortgage market shows an increase both in the number of transactions, and the loan-to-value ratio. 42.3% of mortgages taken in February...
Israel mortgage guidelines have changed: What was the Bank of Israel thinking?
It’s been quite a month. Started off with a family vacation trip of a lifetime to Dubai, followed by my 40th birthday celebration. My wife...
Dramatic move as Bank of Israel increases component of mortgage linked to prime interest rate
This week, the Bank of Israel announced the raising of the restriction on the prime interest track in mortgage lending. Until now, borrowers have been...
Change in Corona relief policy: Government stops deferral of Israel mortgage repayments
Since the Coronavirus crisis began in March 2020, the Bank of Israel allowed all Israel mortgage borrowers to defer repayment of their loans, without having...
Mortgage rates in Israel — understanding the options available
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...
How much can I borrow to buy a home in Israel?
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...
Recent changes to mortgages in Israel bringing relief to home-buyers and existing borrowers
Mortgages in Israel have been affected by Coronavirus too. Due to the pandemic, some significant changes in home-financing arrangements have been introduced in an attempt...
10 most important things to know about financing a home in Israel
Mortgages in Israel are different from those in other countries. Buyers and investors from outside of Israel should be aware of certain important factors before...
Coronavirus: How it’s impacting the Israeli mortgage market
The COVID-19 pandemic is still raging strong. Nobody knows with any certainty if we, in Israel, are in the beginning, the middle, or towards the...