2-1 BUYDOWN
Mortgage with a set of two primary temporary start interest rates escalating in stair-step fashion until a permanent interest rate has been touched. Such deductions are either paid for by the borrower to help them become eligible for a mortgage, or the builder as incentive for purchasing a house.
POPULAR TERMS
Fourth Market
The trading of exchange-listed securities between institutions on a private over-the-counter computer network, rather than over a famous exchange s ...
Audit Department
A unit inside a company which is responsible for monitoring the procedures and accuracy of accounting functions and recording keeping within the co ...
Declaration Date
The date on which the next dividend payment is announced by the directors of a company. This statement includes the dividend's size, ex-dividen ...
Average Effective Maturity
It is a more accurate way to get the feel of the exposure of a single bond. In this case, a simple average can be a very misleading measure because ...
Hard Stop
A price level that if reached will trigger an order to sell an underlying security. Hard stops are set at a constant price and are inherently good ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 19:40 | FOMC Member Neel Kashkari Speaks |
