While the Bank of Israel has not yet adjusted its benchmark interest rate, the country’s leading commercial banks have taken the initiative by lowering mortgage rates. This preemptive move signals both confidence in an upcoming monetary easing and a desire to revive a sluggish housing market. According to official data, the average mortgage rate fell from 5.44% in June to

Despite a noticeable slowdown in Israel’s housing market over the past few quarters, July 2025 saw a surprising surge in mortgage volumes. The question now is whether this signals a true recovery or merely a delayed execution of past transactions. A closer look reveals a complex but encouraging picture. According to the Bank of Israel, 10,202 mortgage loans totaling 10.7