Newsletter Archive

Monitors and Mortgages

02/19/2012
By: Tzvi Shapiro, First Israel Mortgage

More often than not, “simple” choices aren’t as simple as they seem. Having opened up our second location on King George St., one of the busiest streets in Jerusalem, we felt it would be a good idea to install flat... (continue reading)

A Broker’s View of the Market – February 2012

02/19/2012
By: Mati Bortnick - Maki Group

We've all seen the number of headlines, sometimes conflicting, regarding the Israeli property market over the past few years. At times, it's cited as one of the world's hottest markets, yet with prices rising over 67% since May 2007, and... (continue reading)

“Mr. Fischer: Let the people refinance”

02/19/2012
By: Chaim Friedman, First Israel Mortgage

An economic slowdown in Israel has prompted the Bank of Israel to lower interest rates three times in the last 6 months in an attempt to stimulate the flagging economy.  However, the Bank of Israel has clearly stated that the... (continue reading)

Put your trust in property – but put your property in trust

02/19/2012
By: Dr. Haim Katz and Sam Katz

The (slightly misquoted) saying of Oliver Wendell Holmes in the headline precisely reflects the opportunity afforded to foreigners who are buying properties in Israel, which is due to the mini-reform of the trust legislation in this country. But what is a... (continue reading)

Israel Mortgage Rate Update

08/16/2011
By: First Israel Mortgage

For those borrowers looking for US Dollar based loans, LIBOR loans are now available for foreigners as low as LIBOR+1.8% on the ENTIRE loan amount. Being able to take the entirety of the loan in a variable rate represents a... (continue reading)

“Horror Chart”

08/16/2011
By: Globes - Translated by Chaim Friedman

The “horror chart” of a married man and father of four which outlines basic family expenses of more than 26,000 NIS monthly and exemplifies how even Israeli earners in the top 10 percentile are deteriorating into overdraft and financial trouble. The... (continue reading)

Say “NO” to a Zichron Dvarim

08/16/2011
By: Deborah Opolion, Adv.

Imagine it is the last day of your short trip to Israel. Finally, you see that dream apartment you were looking for; perhaps a penthouse with a view of the sea. It might even have a winding staircase and a... (continue reading)

Can’t find an apartment? How about a tent?

08/16/2011
By: Tzvi Shapiro, First Israel Mortgage

When I moved to Israel in 1995, many of my friends asked me if we would get around by car or by camel, if we would have bathrooms or outhouses and if we would live in a house or in... (continue reading)

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