Recent estimates suggest that insured losses from the Los Angeles, California wildfires could be higher than anticipated. As a result, catastrophe bond prices are showing signs of weakness, with the market’s benchmark recording its first-ever negative January return since its inception over two decades ago, according to cat bond fund manager Icosa Investments AG.With a … Read more
This week’s main blog discussions include … Five key impacts of #Brexit five years on Five years ago, on 31 January 2020, the UK left the European Union. BBC Verify, the BBC’s fact checking service, just wrote a really interesting report on the impact. They cite analysis in five key areas: trade, immigration, travel, laws … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% for a 15-year financed mortgage and 6.8% for a 20-year financed mortgage. Related: Compare … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Today’s highest CD rate is 5.25% for a 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates … Read more