Subscribe to Print Edition | Sun., September 21, 2008 Elul 21, 5768 | | Israel Time: 01:35 (EST+7) web haaretz.com   Back to Homepage Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Easy Start Travel Week's End Anglo File

Banks rethink rates on loans as risks rise By Sharon Shpurer Tags: Banking crisis, Israel The global crisis is about to slam into Israel's property market: Now that there is a whole new appreciation of risk, Israel's banks are thinking of raising interest rates on mortgages. Bank Leumi this week cut maximal funding to homebuyers to 70% of the asset price. Until now, buyers could borrow as much as 85% to 90% of the home's price. A spokesman for Leumi confirmed that the bank is also thinking of raising interest rates on new mortgage loans. F Advertisement irst International Bank is also considering hiking rates applicable to new loans to home buyers. Mizrahi-Tefahot has gone one better: It has already raised rates on fixed-interest and linked mortgages by 0.15% to 0.3%, depending on the loan's lifetime. Bookmark to del.icio.us   'The Mossad dove' Official Syrian state paper says Livni can have peace if she desires it. Abbas the columnist PA Chief: History will judge none of us kindly if we squander chance for peace.

Read & React Sarah Palin dumped from Jewish rally against Iran in New York Responses: 310 Benjamin Weinthal: Ani-Zionist Jews widen pool of Israel's enemies Responses: 208 Abbas: Failure to reach peace will 'change parameters of debate' Responses: 93 Hamas accuses Israel of back-pedaling in Shalit negotiations Responses: 91 Yossi Sarid: Economic crisis forces us to rethink 'American dream' Responses: 65 More Headlines 00:54 PA chief of staff: We must be ready to use force against Hamas 23:49 Diplomats: No evidence Syria site bombed by IAF was nuclear reactor 22:29 Syria state-run paper: If Livni wants peace, she will achieve it 00:57 At least 40 killed in massive truck bombing in Pakistan 00:04 Barak, Netanyahu discuss 'recent political turn of events' 20:27 Jenin: From terror capital to model of peace 22:22 Tony Blair's sister-in-law leaves Gaza after being stranded in Strip for nearly a month 22:30 VIDEO / IDF thwarts terror attack near Yitzhar settlement 15:57 Abbas: Failure to reach peace will 'change parameters of debate' 18:26 Hamas says favors national unity government with Fatah 16:43 Pen Ultimate / For war press one, for peace process, two 18:24 Obama campaign cries foul after Republicans block Iran divestment bill 01:31 Sarah Palin blames 'Democrat partisans' for withdrawn invitation to anti-Iran rally 12:30 Jewish World / How we came to feed Tel Aviv's African refugees Previous Editions Select Day 19 sep 18 sep 17 sep 16 sep 15 sep 14 sep 12 sep 11 sep 10 sep 09 sep 08 sep 07 sep

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