Full coverage· Economy· Updated
Bank of Israel Cuts Key Interest Rate, Impacting Mortgages
The Bank of Israel lowered its interest rate, causing the prime lending rate to drop to 4.75%. This change affects mortgage holders with prime-linked loans, prompting a call for individuals to review their specific mortgage structures for potential savings.
5 newsrooms · 3 languages · sincePlus
What happened
- 01Bank of Israel cut interest rate, lowering prime rate to 4.75%.
- 02Rate cut impacts mortgages linked to the prime lending rate.
- 03Borrowers are advised to review their mortgage structure.
- 04Personalized mortgage review can identify potential savings.
- 05Review service is free and non-binding.
The coverage
5 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- Haredi1
- Arab2
- Other2
How it broke
See which of the 5 newsrooms broke it, and who waited