Canadian Mortgage Rates on the Rise Canadian mortgage rates are on the rise as Canadian banks are continuing to increase mortgage rates with the expectation of a higher interest rate environment. 5-Year Fixed Mortgage Rates The Government Of Canada 5-year bond yield have risen to the highest levels in 11 years. Bond rates determine fixed […]
Month: May 2022
Crypto.com Review
Are you thinking of investing in cryptocurrencies, earn some interest or get cashback in the form of crypto? One of the fastest growing services is crypto.com. Let’s take a look at what they offer in this Crypto.com review. WHAT IS CRYPTO.COM? Crypto.com has been one of the fastest growing cryptocurrency services in past few years. […]
NEXO Review
NEXO REVIEW Are you thinking of investing in cryptocurrencies? One service gaining popularity is NEXO. Continue reading for my review of NEXO! WHAT IS NEXO? In the simplest form, NEXO is basically an online crypto bank that offers savers to earn crypto in the form of interest or borrowers to borrow crypto and paying interest. […]
Federal Reserve Hikes Rates by 0.5%
The U.S. Federal Reserve has increased the benchmark interest rate by 0.5%. This is the largest increase since 2000 (22 years) bringing the benchmark rate between 0.75% and 1%. Inflation The interest increase comes as inflation in the U.S. is running at 8.5%. The Fed has also indicated that they will be reducing the balance […]