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When you go to take a loan from the bank, the bank tells you about both fixed rate home loan and floating rate home loan. In ...
444-Day Special FDs: Several banks have introduced limited-time special FDs with appealing interest rates and fixed tenures to encourage deposits. Special FDs are just like regular term deposits but ...
A rare divergence in Canada’s mortgage market is giving homeowners more options, but those renewing in 2025 should understand what’s driving these rate shifts ...
Advisors and investors alike have long deferred to the 4% rule when planning for retirement, but new research shows the popular strategy is not as robust as once thought.
An equity-indexed annuity is a contract with an insurance company. You pay premiums during the accumulation period, and ...
Typically, the interest rate is fixed with a loan ... you need to understand some common types and how they work: Definition: ...
Stephanie is a freelance writer and contributor with over a decade of experience in the personal finance field. While she covers a variety of topics, her expertise centers around loans, insurance ...
A cross-currency swap is a financial contract where two entities exchange an equivalent amount of principal in different currencies. Then each entity makes interest payments on the currency they ...
The Bank of England held interest rates at 4.5% at its meeting in March, after warning that global economic uncertainty has "intensified". It means rates are at their lowest level for more than 18 ...
In a recent judgement, the Madras High Court held that fixed deposits (FDs) and jewels come under the definition of property under the Senior Citizen Act, 2007 The bank now offers interest rates ...