I am getting a lot of questions about prime rate mortgages. In general, I think that the prime rate is a great loan, but it isn’t right for everyone. In fact, I would venture to say that it is not right for most borrowers at this point. For some of our  clients we employ the prime as part of a strategy, but changing a “shekel” loan to a “prime” loan is not a good idea for most people. Every case is different, and you should always consult your qualified Israeli Mortgage Expert....
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