[HIGHLIGHTS] The Interest Rate Blow: You're paying a lot more for your apartment today, you won't believe how much - voila! Real Estate

Bank of Israel to raise interest rate by at least a quarter of a percentage point. Rising interest rates and the Consumer Price Index directly affect the cost of the entire loan.

The cost of financing the apartment has increased by NIS 425,2 in just one year. This is a dangerous precedent that has never existed before, according to Walla Real Estate. Maor Ohana, CEO of the Derechnu mortgage consulting network, recommends incorporating an unindexed variable interest rate track as a temporary protection.