First Israel Mortgages

Are you in a Variable Rate Mortgage? Contact us today for a free refinance assessment.

Variable rate mortgages to be limited Business: Bank of Israel introduces latest step aimed at reducing risk of defaults as interest rates rise. Analyst: Measure not expected to cool off real estate market

The Bank of Israel increased the Prime interest rate by a ¼ point to 3.75% yesterday. In the official press release they cited that this move “is consistent with the gradual process of returning the interest rate to a more normal level”.

Contact us to find out how this may impact your mortgage

Another great article from the First Israel newsletter!

Israel: The fastest growing real-estate market in the world. » First Israel Subprime. Its notoriety prevails throughout the world. The word alone conjures up vivid memories of recession, ruined investors, and failed banks. With the financial...

10 Commandments of Buying Pre-Owned Real Estate in Israel » First Israel Subprime. Its notoriety prevails throughout the world. The word alone conjures up vivid memories of recession, ruined investors, and failed banks. With the financial...

Israelis see home prices still rising in 2011 - Globes Nonetheless, a survey by New Wave for "Globes" in late December 2010 found that 48% of Israelis believe that home prices will continue to rise in 2011. 28% of these respondents believe that prices will rise by more than 10%, and 56% believe that prices will rise by less than 10%.

Last week we restructured a client's loan saving him 170,000 NIS - if you don't know what rate you have, now is the time to find out.

Are you in a variable rate mortgage? Your payment is likely to go up!

Fischer: Mortgage borrowers won't be able to meet payments Israelis have to realize that central bank interest of 2% isn't here to stay, Fischer warns.

Bruchim Habaaim to all the new Official Nefesh B'Nefesh Fan Page Olim. Please contact me if you need any help understanding mortgages in Israel.

Check out our "Ask the Expert" tab if you have questions about mortgages

Is there a bubble in the housing market? The Bank of Israel says no.

No bubble in housing market, BoI says Eckstein: Limited supply of land is main reason for rise in prices.

great article via Buy-It In Israel

Jerusalem municipality approves affordable housing plan The city of Jerusalem has given initial approval for the construction of a private residential Israel real estate project in the Gilo neighborhood, which will include affordable apartment units sold at a discounted price to young couples. The local planning and building committee of the Jerusalem mu