BoI’s Yaron highlights mortgage market reform

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David Vaaknin

The Bank of Israel’s recent reforms of mortgage market regulations will boost transparency and comparability, governor Amir Yaron said in a speech on September 8.

Up until now, the opacity of the mortgage market in Israel made it difficult for borrowers to compare conditions from lenders and therefore bargain for better contracts.

The central bank’s reforms are focused on addressing this deficiency, enabling customers to compare the terms offered by banks for mortgages with the same

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