In June 2026, the volume of mortgages granted to the public in Israel reached a record of 11.06 billion shekels, representing a significant increase of 14.1% compared to May, when mortgages totaling 9.69 billion shekels were granted. This is an increase of about 24% compared to June 2025. The growth is mainly due to variable-rate loans, which accounted for about 70% of the increase, with 89% of the growth recorded in non-indexed tracks. Some of the mortgages were taken for purchases finalized in previous periods, while others were used to refinance existing loans. The data indicates that the decline in interest rates is beginning to impact the market, but some express doubts about the real significance of the increase, especially in light of the sharp rises in interest rates in recent years. Many borrowers are still facing economic challenges due to rising prices and the situation in the real estate market.