Author: Jordan

Car insurance rates rose 12% from 2024 to 2025, according to Bankrate’s True Cost of Auto Insurance report, after already climbing 17% from 2023 to 2024.Inflation, the rising cost of repairs, an uptick in severe weather and the number and severity of accidents have all increased costs for both drivers and insurers.But you don’t have to break the bank to pay your premiums. Here are seven simple tips for lowering car insurance rates.Shop aroundGet quotes from at least three to five companies to see who has the best rates for the coverage you want. Some insiders recommend shopping for car insurance…

Gold (XAU/USD) price collapses by over 3% on Wednesday during the North American session amid broad US Dollar strength, despite US Treasury yields tumble on speculation that the reopening of the Strait of Hormuz could ease inflationary pressures. At At the time of writing, the XAU/USD pair trades at $3,986, falling below the $4,000 mark for the first time since November 2025.XAU/USD slides as Dollar strength overwhelms falling Treasury yieldsThe decline in Gold prices contrasts with the rise of the Greenback. The US Dollar Index (DXY), which tracks the buck’s performance against a basket of six currencies, hit a 13-month…

Canadian bond yields have climbed since the Iran crisis began: PwC Benefits and Pensions Monitor Source link

Burnham has since confirmed he will stand, with nominations opening on 9 July 2026 and a new leader expected before parliament returns in September. For the mortgage industry, the key question is what his track record on housing and the private rental sector signals for landlords. Jeni Browne (pictured top left), sales and marketing director at Mortgage Finance Brokers, told Mortgage Introducer the instinct to sound the alarm is understandable but counterproductive. “The advice right now is don’t talk the market down because it’s very easy to say, ‘Oh, there’s now a change of government and everything’s terrible’,” she said.…

Investing.com — Corning stock surged +10.5% in mid-day trading, reaching $214.40 and hitting a fresh 52-week high of $217.09, as the optical communications sector staged a powerful recovery following a sharp sector-wide decline the prior session. Corning experienced a notable rebound with significant intraday volatility, marking a strong recovery after a sharp pullback in the previous trading session, with the upward movement largely driven by institutional investors capitalizing on a dip-buying opportunity and recognizing that the company’s underlying fundamentals and secular tailwinds remain robust. The immediate spark for today’s broader optical sector rally came from a Needham Securities report. The…

Crisil report: Gold loan lenders are well-protected from price correction risks due to robust risk management, MTM valuation, and auction processes, ensuring asset quality despite higher LTV limits.New Delhi, Jun 24 (PTI) Strong risk management processes protect the asset quality of the gold loan portfolio of domestic lenders, as measured by ultimate credit loss from potential correction in gold prices, despite the recent hike in the regulatory loan-to-value (LTV) limit to 85 per cent.The sector’s resilience, riding on robust processes, such as regular mark-to-market (MTM) valuation of gold, adequate LTV buffers and streamlined auction processes, is reflected in negligible credit…

Agadir – The International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is considering a $15 million investment in IMG Fund I, a private equity fund dedicated to supporting the growth of Moroccan companies across strategic sectors. The proposed investment is part of the IFC’s efforts to expand access to long-term financing for medium-sized businesses in Morocco and strengthen the country’s private equity ecosystem. Managed by IMG Capital, IMG Fund I is targeting a final size of MAD 1.5 billion (approximately $165 million). The fund plans to invest in seven to ten Moroccan companies with strong growth potential,…

The Federal Housing Finance Agency called for the large government-sponsored enterprises it oversees to get more involved in chattel lending in a proposed revision of the Duty to Serve rule.Processing ContentThe FHFA notice of proposed rulemaking published in the Federal Register on Wednesday calls for replacing the current system of support for manufactured homes, affordable housing preservation and rural residences with a new one that could be more effective.The push for the enterprises to do more to support chattel loans in the manufactured home market may expand access to a more affordable housing type, but also may revive a debate…

TradingKey – On June 24, the two major crude oil futures plummeted again after U.S. President Trump stated that no fees would be charged for passage through the Strait of Hormuz.Trump stated that Iran has not sought or charged any transit fees, insurance premiums, or any other form of fees for vessels passing through the Strait of Hormuz. If this information is untrue, negotiations will be terminated immediately!He also stated that the U.S. has not provided any funds to Iran, nor has it released any funds to them. We will release a portion of the funds completely under our control…

Accord Mortgages is cutting rates across both its buy-to-let and residential ranges for the second time this month, with changes taking effect from 8am on 25 June 2026. The intermediary-only lender is making the largest reductions on its residential range at 90% LTV, where rates fall by up to 0.18%. Fixes at 75%, 80% and 85% LTV reduce by up to 0.13%, while remortgage products at 65% LTV come down by 0.10%. For landlords, buy-to-let mortgage rates are falling by 0.09% across all fixed-rate products. Highlights from the updated buy-to-let range include: A two-year fix for remortgages…