Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say Mortgage October 7, 2024 Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy…
What is the average interest rate for savings accounts? Banking October 7, 2024 The average savings account rate is a benchmark for the overall interest-rate environment, but it’s not a rate you should…
Fed rate cuts should favor preferred stocks, Virtus fund manager says Finance News October 6, 2024 One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…