Mortgage taking in Israel rose strongly in May
Mortgage lending totaled NIS 12 billion last month, the Bank of Israel reports, the second highest amount of mortgages taken this year, only beaten by the all-time record high of NIS 13.4 billion in March.
Mortgage risk rises
Analysis by the Bank of Israel finds that loan-to-value and payment-to-income were at peak levels for mortgages taken in April.
eToro SPAC merger likely to be canceled
The Israeli online trading platform could raise up to $690 million in a private financing round, probably at well below the $8.8 billion valuation of the planned merger.
Mortgage lending falls back
The total of new mortgages in April was 22% down on March, but still relatively high for the month of the Passover holiday.