May 7, 2025

Banks

Mortgage

Interest rates to be cut ‘five times’ this year in major boost for mortgage holders

Fears of an economic slowdown are expected to prompt a Bank of England rate cut next week – with more to follow – leading to potentially big savings for millions of mortgage borrowers The Bank of England could slash its base rate to 3.75% this year in a boost to the home sales(Image: Yui Mok/PA

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Banking

Bank Al-Maghrib Issues Digital Banking Security Guide as Online Services Grow

Rabat — With the growing use of digital and online tools in bank services, like remote transactions, payments, and loan applications, Bank Al-Maghrib (BAM), Morocco’s central bank, has released a practical security guide to help customers protect themselves from the growing digital crimes. Today’s banking customers can check balances, transfer money, and even apply for

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Loans

9 Best Same-Day Personal Loans of 2025

Personal loans are a convenient way to borrow to cover a variety of expenses — like a wedding, a funeral, a vacation, a surprise medical bill and more. Lenders typically disburse funds directly to your bank account so you can start using that money as soon as possible, and some of them will even fund

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Loans

3 Best Peer-To-Peer Personal Loans To Consider In 2025

Most of the best personal loans come directly from a bank or credit union. However, some companies offer peer-to-peer loans, which means the funding for your loan comes from another individual, not an institution. Peer-to-peer (P2P) loans can sometimes be more accessible to borrowers thanks to easy application processes and sometimes higher loan amounts. CNBC

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Funds

Tri-State Food Bank navigating year as federal funding comes and goes

Sarah Loesch  |  Farmers’ Advance EVANSVILLE — As Tri-State Food Bank volunteers and employees works to help feed underserved community members, they are also tasked with navigating the current ups and downs of federal funding. The latest hurdle is in a cancelation about $500 million as a part of the Commodity Credit Corporation aspect of

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Banking

Banking liquidity turns positive after 3 months – Banking & Finance News

The Reserve Bank of India’s aggressive fund infusion in the past few months is beginning to show results, as the banking system’s liquidity position turned surplus at the end of March — the first time in three months. The banking system’s liquidity stood at a surplus of Rs 89,399 crore on March 30. On March

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Loans

The Coalition’s election promise to relax lending rules could lead to bigger home loans … and higher house prices

On its face, it’s a simple solution to a simple problem — many people are struggling to get home loans big enough to afford a property, so why not relax the rules around how much people can borrow? That’s what the Coalition is proposing to do, should it win the federal election on May 3.

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Funds

Federal funding cuts have local food banks struggling for inventory

FRAMINGHAM — “Canceled.” That’s the dreaded word Jean McMurray, executive director of the Worcester County Food Bank in Shrewsbury, saw next to her most recent online order she had made. Last week, the U.S. Department of Agriculture (USDA) Northeast Regional Office confirmed to the state’s Department of Elementary and Secondary Education (DESE) that Massachusetts’ $3.4

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Funds

DWP explains state pension letter about ‘directly taking funds’ from bank accounts

State pension payments are increasing 4.1% next month The DWP can recover funds directly from a person’s bank account(Image: Getty) The DWP has clarified what powers it has to take funds from claimants’ bank accounts after a person received a letter warning it may try to recover overpayments. A relative of someone who had died

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Funds

Brevard County food aid programs losing food relief

Brevard groups dedicated to ensuring the county’s most vulnerable residents have food are witnessing a surge in need — just as they are starting to feel the harsh effects of federal government budget cuts. Twenty-eight tractor trailer trucks traveling with food to local Florida communities have been halted, without notice. “The hits keep coming. This

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