Mortgage

Tech workers laid off and collapsing under the mortgage burden

Crash course: The AI and the dollar are emptying the tech sector, and mortgages are threatening those laid off.

The number of unemployed individuals has doubled since 2022, reaching 16,000 last December
The mortgage has become in recent years one of the heaviest expenses of households in Israel

Another NIS 1,600 a month: How they inflated our mortgages

Housing Prices.

Your Taxes: Mortgage blues and what to do about them

Real estate bubble concept

The Hidden Momentum Driving Israel’s Housing Boom


Amid interest rate increase: Mortgage returns, overdraft spike by hundreds

Bank of Israel's 0.75% interest rate increase is the highest in the last 20 years. Here's what it means and why it's facing backlash.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Mortgage market mayhem: Public owes banks NIS 505 billion

High-interest rates haven’t cooled the market. In June, the public received mortgage loans amounting to NIS 11.9 billion, an increase of 2.5% over June 2021.

 THE BANK of Israel headquarters in Jerusalem.

Mizrahi Bank posts highest ever profit

One of the main factors that contributed to Mizrahi Tefahot's growth in profit and ROI in 2021 was the growth in the bank's credit portfolio, particularly mortgages.

A man enters a branch of Mizrahi-Tefahot Bank in Jerusalem August 29, 2011.

New mortgage reform to make loans simpler, easier to compare

The mortgages market reform is "intended to give greater power to customers," said Bank of Israel Director Prof. Amir Yaron.

The Bank of Israel building is seen in Jerusalem June 16, 2020.

New mortgages in Israel soar to all-time high

June's total is more than 20% higher than May's total, which was itself a record, and is nearly twice as much as was borrowed in February 2020, on the eve of the pandemic.

Real estate market

Mortgages for foreign residents: the Essentials

Currently, purchases by foreign residents have dramatically declined, with the Chief Economist at Israel’s Ministry of Finance reporting a mere 50 apartments bought by foreign residents in April 2020


Your COVID-19 Mortgage Debt Relief and Housing Assistance Options

If you are currently facing a temporary period of financing uncertainty, a COVID-19 mortgage forbearance may be the best option to consider.