GOOD FAITH ESTIMATE
Written estimate of the fees due at closing for a mortgage loan. A lender must provide the estimate to the borrower within three days of the lender getting the loan application. In the United States, the Real Estate Settlement Procedures Act (RESPA) mandates this estimate. While it is standardized throughout the industry to allow borrowers compare costs between lenders, this is only an estimate. The estimate may differ from the actual figure.
POPULAR TERMS
WAI
Wealth Added Index (WA) is a metric that attempts to measure the wealth created or destroyed by a company for its shareholders. It also states that ...
Variable Benefit Plan
Variable Benefit Plan is a type of retirement plan that gives payouts, the amount of which is based on the performance of the plan’s investme ...
Ascending Tops
It means of a series of peaks on the stock's chart pattern. It looks like a mountain range in which each mountain top is higher than the last.< ...
Universe Of Securities
The Universe Of Securities is a set of securities with a common feature. Examples of features that might be shared are market capitalization, indus ...
Mortgage Life Insurance
An insurance policy that is designed specifically for repaying mortgage debt upon the borrower’s death. This is different from conventional l ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
05:03 | Trade Balance | Mar | |
06:30 | Industrial Production | Feb | |
06:30 | Industrial Production | Feb | |
08:30 | Producer & Import Prices | Mar | |
08:30 | Producer & Import Prices | Mar | |
14:30 | Wholesale Sales | Feb | |
14:30 | Wholesale Sales | Feb | |
00:00 | FOMC Member Patrick T. Harker Speaks | ||
00:00 | FOMC Member Patrick T. Harker Speaks |