Finance Minister Bezalel Smotrich can keep claiming that the reform strengthens the economy, but it's very difficult to dispute current financial figures.
For young couples, the goal of buying an apartment is getting further and further away, and some are considering investing in real estate abroad.
The early-stage company is laying the foundation to broaden its reach throughout the US in the coming year.
Gafni and Smotrich said they would meet with the banking regulator, which is part of the central bank, to come up with a solution for mortgage holders.
Libra is marketing mortgage insurance that includes structural/building and life insurance.
Hapoalim Chief Executive Dov Kotler put the number of customers who would benefit from the freeze at more than 10,000.
If ratified, the new law would go into effect on the first of the following month, and apply to new loans.
Sadly, Israeli apartments that go for less than market price can also include a paper trail of Tabu registration problems that were ignored.
The Bank of Israel interest rate will jump to 2.75% per year and the basic bank interest rate to 4.25%. Average mortgage repayments will increase by about NIS 200 per month.
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