Homeownership
Oromia region's Land Bureau has begun implementing a directive to make town residents homeowners, protect urban plans, and secure tenure. The directive, approved by the regional cabinet, does not apply to towns like Adama and Bishoftu that have modern land systems. Officials say it addresses longstanding housing legalization issues.
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Rate has introduced RateFi, a new mortgage product that allows qualified borrowers to use verified cryptocurrency holdings for income and asset qualification without selling them. The program operates within Rate's digital mortgage platform and adheres to standard compliance measures. It aims to provide a practical path to homeownership for digital asset holders.