Tag: Mortgage
Bank Hapoalim to Absorb Cost of Higher Interest for 10,000 Mortgage Borrowers
Will other Israeli banks follow suit?
Knesset Economic Committee Head Urges Mortgage Pilot Program as Home Prices Soar
The current minimum down payment requirement of 25% dates from 2012 and isn’t appropriate for today’s home prices, says MK Michael Biton.
Israel Bank Removes Restriction on Prime-Rate Mortgages
Also, officials at the Bank of Israel noted that next year should see a reduction in the early repayment fees.
Bank Mizrahi-Tefahot Strike is Over
The strike affected New Olim who were planning to complete the purchase of their new homes in August.
Proposed Bill: 90% Mortgages for Young Couples
The law would be a major step forward in promoting home ownership in Israel.