CONFORMING LOAN LIMIT
Limit on the mortgage size Fannie Mae and Freddie Mac will acquire and/or guarantee. The Office of Federal Housing Enterprise Oversight (OFHEO) sets the conforming loan limit annually using the October to October percentage increase/decrease in the average house price seen in the monthly interest rate survey of the Federal Housing Finance Board (FHFB).
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Tax Court
Specialized court of the law handling and adjudicating tax disputes and issues. In the United States, the Congress has established a federal court ...
Accrual Swap
An interest rate swap which a counterparty pays reference rate, it is usually a three to six month of LIBOR.
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Alternative Order
A mandate of an investor to buy or sell stock using a first come first served basis policy. It is also called the one cancels the other orders. ...
Catalog of Federal Domestic Assistance – CFDA
Government-wide compendium of Federal assistance programs, projects, activities, and services, which offers financial and nonfinancial assistance o ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
