Finance

Capital Direct .- Dwelling Equity Loans & Mortgage Loans

2 min read


















Instantaneous Mortgage Utility
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Finance

Ally Financial, Ford Credit, Toyota Financial Services

5 min read

PRESS RELEASE

Published July 24, 2023

HTF Market Intelligence published a new research publication on Automotive Finance Market Insights, to 2028″ with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Driver changes, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Automotive Finance market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have complete market dynamics. Some of the key players profiled in the study are Ally Financial Inc. (United States), Ford Credit (United States), Toyota

Finance

How to split RRIF income with a spouse to get the $2,000 tax credit

For most people, it makes sense to convert enough of your RRSP to a RRIF and claim the pension tax credit

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Finance

As housing costs soar, some financial analysts advise scrapping the 30% rule

If you have ever applied for social housing or a mortgage, or even tried to figure out your budget, you probably have come across this figure: 30 per cent.

That’s the often-touted maximum percentage of your income that you should spend on a home. But in an age where the average one-bedroom apartment in Vancouver rents for $2,787 a month (new window)is that number still realistic?

It depends on who you’re asking. But generally, the answer is: sort of.

The benchmark doesn’t apply anymore, said Credit Canada CEO Bruce Sellery by email.

Housing costs have increased dramatically, everywhere. And

Finance

Gen Z is seeing the appeal of finance jobs, as cost-of-living concerns rise, a new survey finds

NYSE

Gen Z is putting more stock in careers in finance, with one in four recent graduates considering it a top sector for career prospects.Photo by ANGELA WEISS/AFP via Getty Images

  • A new study reveals that Gen Z thinks finance is the best industry for future career prospects.

  • A quarter of graduates said finance is the No. 1 industry for career prospects — up from No. 5 in 2021.

  • Part of the reason may be the money: Graduates’ top career fear is low pay.

At the end of the day, money talks.

A mid-June survey conducted by the CFA Institute,

Finance

Finance minister Chrystia Freeland: Stellantis deal ‘is coming’

2 min read

The federal government, which has been renegotiating its support for the NextStar Stellantis-LGES electric vehicle battery plant in Windsor, is confident that the investment is good for the country and that a deal is coming, according to Finance Minister Chrystia Freeland.

“We’re very confident in the value of the Stellantis investment, which is coming,” Freeland told reporters in Ottawa on Wednesday, without elaborating further.

Stellantis last month stopped construction at the $5 billion plant, which is being built in partnership with South Korea’s LG Energy Solution (LGES), saying Canada had not fulfilled promises.

The battery plant investment, which included contributions

Finance

Stocks rally as investors shake off ‘hawkish’ Fed: Stock market news today

Stocks rallied on Thursday after a muted opening on the heels of the Federal Reserve’s “hawkish hold” on Wednesday, which suggested more rate hikes are likely later this year while rate cuts in 2023 are now off the table.

At the closing bell, the S&P 500 (^GSPC) was up about 1.2%, while the Dow Jones Industrial Average (^DJI) added 400 points, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) climbed roughly 1.1%.

Early Thursday, data showed retail sales in May were stronger than expected in the US. Investors were also digesting news from the European Central Bank, further raising rates as

Finance

Investors should expect Tesla to launch a full-scale financing arm as it tries to capture more of the auto market, Morgan Stanley says

AP Photo/Ng Han Guan
  • Investors can expect Tesla to soon offer its own options for financing, Morgan Stanley said.
  • Analysts said it was time for the EV maker to create a subsidiary that finances retail sales.
  • That could potentially draw in more customers as Tesla wages a price war against its rivals.

Investors shouldn’t be surprised if Tesla was to soon launch its own full-scale financing arm as part of the company’s efforts to attract more customers and grab more share of the electric vehicle market, Morgan Stanley said.

“For years Tesla could sell a car for cash or minimal