First Israel Mortgages

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”.

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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...

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