News Formal

Market Factors: Banks, while aggravating, are becoming very attractive as an investment

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 34 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 92%

Newsletter Nyheter

Market Factors,Marketfactorsnewsletter,Bank

Why I’m peeved with my bank’s unattractive mortgage offering

Please note: Due to a technical issue, content in Monday’s edition of Market Factors that was sent on email was not visible for many readers. You can clickfor the online version

Bank stocks have been rising in the rankings as upwards earnings revisions push growth scores higher. CIBC made the top 30 list for October after Scotiabank strategists presciently raised their rating on the bank sector as a whole from “underweight” to “neutral” last month. Variable mortgages make sense in cases where rates are heading lower so that’s the first place I looked. The available mortgage rates highly incentivized me towards fixed rates. Of the eight options provided by the bank I was with, only one was variable. It was too long a term for me at five years and expensive at over six per cent.A three-year variable rate would have been great. A U.S.

 

Takk for kommentaren din. Kommentaren din vil bli publisert etter gjennomgang.
Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

 /  🏆 5. in NO

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Market Factors: The three most successful investing themes of the past 18 months still have legsPlus, how to find an honest strategist
Kilde: globeandmail - 🏆 5. / 92 Les mer »

Market Factors: Loonie haters, bargain shopping and the biggest breakthroughs of 2024Goldman believes bets against the Canadian dollar are set to surge again
Kilde: globeandmail - 🏆 5. / 92 Les mer »

Market Factors: Energy transition conference generates new investing strategiesPlus, a dangerous time for markets is about to begin
Kilde: globeandmail - 🏆 5. / 92 Les mer »

Market Factors: $60 oil and six other ‘high conviction’ commodity trade ideasPlus, the best infographic of the year and the juicy dividend yields of telecom stocks
Kilde: globeandmail - 🏆 5. / 92 Les mer »

Market Factors: Another star fund manager, another painful lessonPlus, this week’s payrolls number may turn into a big market mover
Kilde: globeandmail - 🏆 5. / 92 Les mer »

Market Factors: BCE shouldn’t raise its dividendPlus, tech stocks have been rallying for good reason
Kilde: globeandmail - 🏆 5. / 92 Les mer »