Mortgage

Compared with January 2024, mortgage taking was up 30% and up 15% from January 2023.

In November-December, they purchased 22 apartments at prices of more than NIS 10 million, out of 72 such apartments purchased in 2024, a large part of which were new apartments.

December's figure was double the monthly average of mortgages taken in the rest of 2024.

Bank of Israel data shows mortgages totaling NIS 8.53 billion were taken in September, the second-highest in two years, with a noted drop in contractor loan volumes compared to previous months.

Leumi's digital banking platform Pepper will soon offer an enhanced user experience with a broader range of banking products and capital market trading options, previously unavailable on Pepper.

Leumi Bank launches a new mortgage website with all necessary information, advanced calculators, and more. Learn about the new features and how they streamline the mortgage process.

Mazrahi Tefahot Bank announced a new program offering reservists a mortgage benefit. Soldiers who have served at least 90 days in reserves and are bank customers can receive NIS 100,000.

At a Media Real Estate event, CPA Uri Yonisi from Bank Leumi revealed that a doubling of mortgage applications in the last six months indicates a hot market.

Exploring the surge in mortgage demand amidst economic challenges, with insights from Shushelat Finance on preparing for market scenarios and optimizing mortgage options for apartment buyers.

Since the war began, public demand for building fortifications has surged. However, for private homes and apartments without safe rooms, the initial high demand for fortifications has now plateaued.