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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.

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Printed from: https://www.jewishpress.com/news/business-economy/israel-raises-interest-rate-again-to-4-5/2023/04/03/

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