Fixed rates are falling — but variable rates won’t budge. Don’t let confusion cost you thousands. Here’s what you need to know before locking in your next mortgage
In an unusual twist in Canada’s mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges for homeowners approaching mortgage renewal. If you’re shopping for a mortgage renewal, there’s some good news: Fixed rates are on the way down. Over the past few […]
The world’s ultra-rich including Musk, Zuckerberg, and Bezos added $2 trillion to their vaults this year — steal these 6 money-boosting moves now and ride along for the next big jump
The 39th annual Forbes billionaire list is out, and it’s a jaw-dropper. The number of billionaires has surged to 3,028, a record. Together, these individuals hold a staggering $16.1 trillion, up $2 trillion from last year. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. […]
‘I thought they’d take it back right away’: Social Security windfalls spark confusion — what you need to know
Recent changes to Social Security are leaving many recipients scratching their heads, as unexpected lump sum payments and overpayments are showing up in bank accounts — all without much explanation. Brooklyn resident Elizabeth Miller, 65, was shocked and confused when she noticed a large amount of money in her account. “I didn’t know what it […]
Bernie Sanders calls White House allegations of Social Security fraud and waste ‘a prelude not only to cutting benefits, but to privatizing.’ How outsourced Social Security might work
Could misinformation about Social Security be paving the way for privatization? That’s how Bernie Sanders sees it. Sen. Bernie Sanders of Vermont told CNN that lying about Social Security “is a prelude not only to cutting benefits, but to privatizing Social Security itself.” By making the system appear dysfunctional, then “why would anybody want to […]
This is how American car dealers use the ‘4-square method’ to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Car dealers aren’t always known for prioritizing your budget — and the lengths some will go to to separate you from your hard-earned money are greater than you might […]
Is a long-distance rental investment worth it? Here are the risks and rewards of managing rental properties from afar
Many people opt to buy real estate for the purpose of renting it out as an investment. And owning a rental property nearby is risky enough. But the risk can be even greater if you decide to buy a long-distance rental. It may be that you’re in your 20s or 30s without kids, so you […]
This California man lost everything when phone scammers pretended to be US Marshals — how to tell if this happening to you
The Ventura County Sheriff’s Office has Southern Californians on the alert for a new strain of phone scams that cost one Ojai resident his life savings. Someone claiming to be a law enforcement agent with the United States Marshals Service called him and told him to send all his money to an out-of-state location. As […]
Jamie Dimon issued a warning about the US stock market — said ‘tariffs will likely increase inflation.’ Here’s 3 ways you can ‘crashproof’ your portfolio
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. President Donald Trump’s tariffs continue to drive market uncertainty while boosting the price of domestic and imported goods, and may further weigh down a beleaguered U.S. market, according to […]
Famed economist Larry Summers sounds economic alarm bells on Trump’s trade war — 3 ways to help protect yourself in 2025
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Headline inflation has eased in the U.S., but according to economist and former Treasury Secretary Larry Summers, soaring prices may persist amid President Donald Trump’s tariff plans. “Developments in […]
‘Any reduction in federal Medicaid spending would leave states with tough choices’: Musk’s taking the chainsaw to federal budget has experts sounding the alarm
Musician Cat Stevens (Yusuf) once ruefully sang that the first cut is the deepest, which explains why many Americans are bracing themselves for the fallout of Elon Musk and the Department of Government Efficiency’s (DOGE) cutting of the federal budget. The world’s richest man wants to cut $1 trillion from the federal budget. In a […]