A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.
Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.
To help break it all down, Select spoke with economist Michael Gapen, managing director and head of U.S. economics research at Bank of America, about how increasing interest rates can help tamp ...
Here's what to know about how the government's interest rate policy affects mortgage rates ... around for many of the same reasons home prices do: supply, demand, inflation and even the employment ...
Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level since 2023.
We've compiled a list of today's average mortgage and refinance interest rates ... While the macro rate environment may be moving in your favor, there are also things you can do to improve your ...
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
Here's how the Fed's rate hike affects specifically ... difficult to pay off. As interest rates rise, your best bet is to pay down high-interest credit card debt. To do so, Schulz suggests using ...
Commissions do not affect our editors' opinions or evaluations ... but Discover® Bank also offers a savings account that pays a competitive interest rate. The high interest rate plus the promise ...
Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the ...