Economy · Full coverage
Mortgage Refinancing Surges in Israel as Interest Rates Begin to Fall
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
100% right-leaning
Right 2
First reported by Kikar HaShabbat · 7 hours ago
What happened
As interest rates begin to fall in Israel, mortgage refinancing has surged, with 69,000 loans refinanced in 2025 totaling 43.6 billion shekels. Most refinancing remains within original banks, but non-bank lenders like Now On are expanding options with more flexible terms, signaling growing competition and a market shift.
- 01Mortgage refinancing in Israel rose to 69,000 loans worth 43.6 billion shekels in 2025, about 7% of total mortgages.
- 02Interest rate declines are prompting more borrowers to review and improve their mortgage terms.
- 0388% of refinancing occurred within the original bank; only 12% switched lenders, showing limited competition.
- 04Non-bank lenders like Now On offer flexible prime-rate mortgages, benefiting especially self-employed borrowers.
- 05These alternative lenders provide tailored solutions and faster service, expanding borrower options.
- 06The mortgage market is transitioning as non-bank players grow, increasing competition and borrower choice.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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