The Mortgage Advisers Association warns of a collapse of households. The Governor will announce at 16 p.m.
an increase in the interest rate by 00.0 percent, to 25.4 percent. This is the tenth consecutive time that the Bank of Israel has raised the interest rates. The market believes that this is not the end, and that interest rate will be raised again in July, to 5 percent. The expected decision will increase the monthly repayment of a mortgage by NIS 69, which means completing an increase of NIS 1,148 within a year.