The essence of the covenant promise of God throughout the bible is God’s promise that “I will be their God, and they will be my people.” The Old Covenant was faulty in that it couldn’t bring that reality about, but could only point towards Jesus. Jesus, as a greater priest, brings greater covenant promises than came in the old. This chapter states three better promises of the New Covenant: God’s renewing the hearts of his people, the personal and unmediated knowledge of God, and the full forgiveness of sins.