Home buyers opt for fixed-rate mortgages - 2004-01-12
Half the total mortgages processed in December 2003 were fixed-rate interest rate mortgages. 25% were dollar-linked mortgages, 10% were prime rate interest, and only 15% were variable interest rate mortgages.
In contrast, a year ago, more than half of all mortgages were variable interest rate mortgages.
The change in the public's choice of mortgages is explained by the decline in the interest rate on index-linked mortgages, which began in December 2002.
Read the full story at Israel Business Arena 
