MORTGAGE ACCELERATOR
A mortgage loan program that resembles the hybrid of a home equity loan and a checking account. Well-known in the United Kingdom and Australia, borrowers’ paychecks are deposited directly into the mortgage account and the mortgage balance is lessened by that amount. As checks are written against the account during that month, the mortgage balance increases. Any amount placed in the account but not withdrawn via the check writing process is applied to the mortgage balance at the end of the month as repayment of principal.
POPULAR TERMS
Expansionary Policy
Macroeconomic policy seeking to increase the money supply to stimulate economic development or beat inflation. One type of expansionary policy is f ...
Natural Gas Storage Indicator - EIA Report
The U.S. Energy Information Administration or more commonly known as EIA weekly estimate of working natural gas volumes held in underground storage ...
Objective Probability
It’s a probability in which event will happen based on analysis in which each measure is based on a recorded explanation rather than a subjec ...
Distributing Syndicate
Syndicate made up of a group of investment banks or brokerage firms, working to underwrite and sell an initial public offering (IPO) of securities ...
Equated Monthly Installment - EMI
Fixed payment amount the borrower paid to a lender at a set date every calendar month. It is employed to settle both interest and principal monthly ...
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SEE FOREX TUTORIAL
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 ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
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 ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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09:00 | CPI | Apr | |
11:00 | 10-y Bond Auction | Apr | |
11:00 | Consumer Confidence | ||
14:00 | CPI | Apr | |
14:00 | Harmonized CPI | Apr | |
01:01 | BRC Shop Price Index | Apr | |
01:30 | Unemployment Rate | Mar | |
01:50 | Retail Sales | Mar | |
01:50 | Industrial Production | Apr |