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Mortgage Costs Remain Unchanged Despite Bank of Israel Rate Cuts

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Mortgage Costs Remain Unchanged Despite Bank of Israel Rate Cuts
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דווח לראשונה בKikar HaShabbat · Jun 29, 2026

מה קרה

Despite Bank of Israel interest rate cuts, mortgage costs remain steady as banks do not reduce loan expenses. Finance Minister Bezalel Smotrich rejected high-tech firms' request to pay taxes in dollars, while interest grows in investing in defense technology companies.

  • 01Bank of Israel cut interest rates recently, but banks did not lower mortgage costs for borrowers.
  • 02Overall housing loan expenses remain the same despite monetary policy changes.
  • 03Israeli high-tech companies requested to pay taxes in US dollars, but Finance Minister Smotrich refused.
  • 04There is public interest in buying shares of companies producing Arrow 3 and Iron Dome defense systems.
  • 05Finance Minister Smotrich's decisions affect both mortgage costs and high-tech industry taxation.
  • 06No immediate changes are expected in mortgage expenses or tax payment regulations.

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People
Bezalel Smotrich
OrganizationsBank of Israel
PlacesIsrael

סיקור מלא · 3 מקורות

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סיפורים קשורים

Bank of Israel Cuts Interest Rate, Slashing Mortgage Payments by Tens of ThousandsJul 6, 2026Bank of Israel Rate Cuts Lower Mortgage Payments, Fueling Demand3 days agoIsraeli Finance Minister Calls for Urgent Interest Rate Cuts Amid Mortgage Repayment StrugglesAug 28, 2026Israeli Banks Rapidly Cut Deposit Rates While Mortgage Rates Remain HighAug 10, 2026Mortgage Prime Rate Loans Surge Over Half a Billion Shekels Amid Interest Rate CutsJul 14, 2026Bank of Israel Rate Cut to Reduce Mortgage Payments for Prime Rate BorrowersJul 7, 2026