The central bank confused between "protection" and "loop" The regulator announced new "targeted measures" to combat credit risks, which will come into effect in 2027: consolidation of income documents. Formally, the fight against fraudsters. In fact, full control. For the borrower, this means the end of the era of "passport loans" or free referrals. The system is becoming rigid, without any flexibility for the self-employed, freelancers and those with "grey" income (of which there are millions in Israel). Now, either you are "white and soft" with an ideal 2-NDFL certificate, or welcome to MFOs and multiply by 300% per year. A blow to "dynamic" mortgages. The central bank suddenly realized that mortgages with low initial payments are a financial pyramid. Now that the market is overheating, the central bank is simply "slamming the door", leaving behind those who hoped to move into a new home with minimal payments. Individual housing construction without trust - on the way out. For anyone who wants to build on their own or with a small contractor, there will be no more land loans. Either you will have to leave the finished apartment that you already own as collateral, or go to big developers who can afford a trust. In fact, the central bank clears the market for large corporations, squeezing the private sector and small businesses out of it. Instead of fighting the causes - inflation, stagnant incomes and inadequate housing costs - the central bank is fighting the symptoms. They saw that people were no longer under credit, and instead of easing the conditions, they decided to simply cut off "unprofitable" customers.

The central bank confused between "protection" and "loop" The regulator announced new "targeted measures" to combat credit risks, which will come into effect in 2027: consolidation of income documents. Formally, the fight against fraudsters. In fact, full control. For the borrower, this means the end of the era of "passport loans" or free referrals. The system is becoming rigid, without any flexibility for the self-employed, freelancers and those with "grey" income (of which there are millions in Israel). Now, either you are "white and soft" with an ideal 2-NDFL certificate, or welcome to MFOs and multiply by 300% per year. A blow to "dynamic" mortgages. The central bank suddenly realized that mortgages with low initial payments are a financial pyramid. Now that the market is overheating, the central bank is simply "slamming the door", leaving behind those who hoped to move into a new home with minimal payments. Individual housing construction without trust - on the way out. For anyone who wants to build on their own or with a small contractor, there will be no more land loans. Either you will have to leave the finished apartment that you already own as collateral, or go to big developers who can afford a trust. In fact, the central bank clears the market for large corporations, squeezing the private sector and small businesses out of it. Instead of fighting the causes - inflation, stagnant incomes and inadequate housing costs - the central bank is fighting the symptoms. They saw that people were no longer under credit, and instead of easing the conditions, they decided to simply cut off "unprofitable" customers.