Monday, January 11, 2010

Update on current interest rates for a NIS 500,000 loan -20 year repayment

1) Prime(-) currently stands at 2.75 less .4= 2.35% per annum

2)Variable interest indexed annually 2.95% + annual inflation rate for
2009 estimated at 3% total 5.95% per year

3)Fixed interest 4% to 4.5% per year

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