Should I Do My Own Taxes?Weigh the Options

Debt Management

Prepare to File Your Taxes in March Whether you decide to go DIY or not for filing your taxes, start sooner rather than later. By the first week in March you should have all necessary tax forms from your employer, including your T4, T4A, T5, RRSP contribution slips, donation receipts,…

The lending process “was probably the biggest headache” |

Mortgage

Illustration by Hunter Newton/Bankrate When Jessica Lee bought her townhome in Nashville, Tennessee, the builder offered 5% in closing costs if she’d borrow from their preferred lender. The 28-year-old financial analyst felt if she didn’t use the lender, she wouldn’t get the house. “If the builder is offering it, it’d…

Banking giant HSBC considers job reductions due to AI, report suggests

Markets

Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead, as CEO Georges Elhedery bets on artificial intelligence to downsize middle and back offices, Bloomberg reported. The greatest impact is anticipated to be seen among non-client-facing positions in global service centers, but the evaluation is…

How The Fed’s Rate Decisions Move Mortgage Rates

Mortgage

Images by GettyImages; Illustration by Hunter Newton/Bankrate The Federal Reserve doesn’t set mortgage rates outright, but its decisions do play a role in the percentages lenders offer would-be homeowners. And even if the Fed keeps its benchmark rate unchanged, mortgage rates can still fluctuate. Here’s how the Fed’s monetary policy…