Average rate on a 30-year mortgage in the U.S. hits 6.44%
Mortgage buyer Freddie Mac says average is at highest level in 8 weeks — up from 6.32% last week
- By: Alex Veiga, The Associated Press
- October 17, 2024 October 17, 2024
- 15:34
Mortgage buyer Freddie Mac says average is at highest level in 8 weeks — up from 6.32% last week
Liberals won't say if they'll meet target
Authorities allege SIM swap enabled access to regulator's social media account
Report from J.D. Power shows that when it comes to banks, Canadians are focused on fees
The group is seeking feedback on a proposed common reporting framework for cyberattacks and incidents
Seeing no signs of recession, bank’s rate-setting council lowers benchmark rate from 3.5% to 3.25% — its third reduction since June
Canadian investors add foreign stocks, while domestic debt lures offshore buyers
Easing interest rates, coupled with rising geopolitical risk, boost outlook
This roundup includes a mix of industry veterans who have chosen new firms or ventures
European regulators press for external audit requirements in new crypto rules
Scotia-backed firm will launch this month with 70% Indigenous ownership
Provinces hard hit by higher rates forecast to drive recovery
Court issues asset freeze, sets hearing for end of October
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales