Last week, there was an increase in mortgage rates, while investors assess...
It is evident that with the new increase, many local banks are forced to raise their mortgage rates. It is noted that this situation may have a negative impact on the housing market, as an increase in rates makes mortgages less accessible for potential buyers.
It is expected that the rise in mortgage rates may slow down the pace of price growth in housing and increase the number of people who cannot afford to buy homes. In conditions of instability and rising real estate prices, this becomes a serious problem for many families.
