2/28 ADJUSTABLE-RATE MORTGAGE - 2/28 ARM
Adjustable-rate mortgage with a two-year fixed interest rate period following the rate starts to float according to an index plus margin. Fully indexed interest rate pertains to the index plus margin. This short-term financing vehicle gives borrowers with time to fix their credit before refinancing a mortgage with more favorable terms.
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Multinational Corporation - MNC
A corporation that operates in different countries. These companies have offices and/or factories in several nations and have a centralized head of ...
Hard Sell
Sales practice denoted by forceful language. Hard sell is considered to be a high-pressure method, as it is designed to get a consumer purchase a g ...
Usury Laws
Usury laws are laws that regulate the amount of interest that may be imposed on a loaned fund or asset. The purpose of usury laws are to do away wi ...
Capital Saturation
An economic status in which actual income is big and is assumed to continue to bolster, causing the general public, huge companies and even public ...
60-Plus Delinquencies
Mortgage loan that is over 60 days past due on their debt payments. These are expressed as a percentage of a group of loans within a given time per ...
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SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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03:30 | NAB Business Confidence | Apr | |
05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
09:00 | SECO Consumer Confidence | Apr | |
14:30 | Building Permits | Mar | |
18:45 | SNB Chairman Thomas Jordan Speaks | ||
00:45 | Visitor Arrivals | Mar | |
01:50 | Domestic Corporate Goods Price Index | Apr | |
08:00 | Claimant Count Change | Apr | |
08:00 | Average Earnings Index | Mar |