The forecast for mortgage rates in 2025 has been a topic of significant interest, especially given the economic volatility of recent years. Initially, there was optimism that mortgage rates would decline as inflation eased and the Federal Reserve adjusted its policies. However, current projections
January 13, 2025Australia's homeowners are currently grappling with unprecedented financial pressures, driven by soaring home loan interest rates, a robust property market, and increased living costs. A recent survey by Mozo of 2,129 Australians revealed that 75% of borrowers are worried about their mortgage
January 10, 2025Imagine a future where traditional banking seamlessly melds with decentralized finance, creating a unified landscape of digital asset innovation. This vision is rapidly becoming a reality in the UAE, as Zand Bank, an AI-powered digital bank, and Klickl International, a Web 3.0 Open Finance
January 9, 2025Bank Millennium S.A. (BM), a prominent commercial bank in Poland, is making significant strides in financial innovation and sustainability. Through its Synthetic Securitisation project, BM is enhancing its operational resilience and lending capacity. This initiative, supported by the European Bank
December 24, 2024In a concerning trend, the private banking sector in Bangladesh has witnessed a substantial increase in bad loans from September 2023 to September 2024. This period saw defaulted loans jump by an alarming 171%, soaring from Tk 29,645 crore to Tk 80,573 crore, according to data from the central
December 18, 2024As Ghana transitions to new leadership, the political landscape is charged with debates over fiscal responsibility and economic management, particularly regarding the stance of the Minority Leader, Dr. Cassiel Ato Baah Forson, and the National Democratic Congress (NDC) on the outgoing New Patriotic
December 17, 2024