ARM INDEX
This is also called as the fully indexed interest rate.
It is the benchmark interest rate wherein it is tied with an adjustable rate mortgage. The latter’s interest rate is composed of margin plus the index value. The index value of the underlying adjustable rate mortgage is actually a variable wherein in contrast, the margin is constant. For different types of adjustable rate mortgages, there are many indexes that can be used.
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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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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 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 |
