Purchasing a home in Israel: 8 steps to start the process
While Israel’s real estate market has seen low levels of transactions since the outbreak of the Iron Swords War, local real estate agents have reported...
Tag: mortgage
What is the recommended mortgage mix for home buyers today?
Sharp increases in both the CPI and the prime interest rate during the past year have led to a significant jump in mortgage repayments, making...
If I have money to pay off my mortgage, is there any good reason not to?
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...
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...
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...
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...
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...
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...
Why it may be the right time to buy property in Israel despite a low dollar-shekel rate
The dollar-shekel rate reached a historic low last week. Most foreigners automatically assume that this will make it more difficult to buy a home in...