Canada Whether it’s a fixed or deferred ... of financial products — as long as it’s the right annuity. For example, the average rate for a 60-month CD was only 1.40% as of 2024, according ...

Yes, interest rates are up, and that hurts new home buyers and other borrowers. Yes, short-term interest rates paid on your bank account are higher. Yes, long-term interest rates paid on new bond ...

If you’re considering buying a fixed-rate annuity, which acts much like a tax-deferred version of a bank CD, should you wait until rates move higher? Probably not. First, it’s impossible to ...