Bank of Israel announced today (Mon) that the interest rate in the economy will remain unchanged and will continue to stand at 4.5%. Last month it recorded a decrease of 0.25%, for the first time since the outbreak of the corona epidemic in April 2020.
Developers offer new apartments on payment terms in which the buyer pays a minimum amount at the time of purchase. This means that the buyers can pay the initial payment from the equity they have and postpone taking out the mortgage until a later date.