MORTGAGE ORIGINATOR
An individual or institution who works with a borrower to complete all the necessary steps in a mortgage transaction. It can be a mortgage banker or a mortgage broker, which represents the original lender. They are part of the principal mortgage market.
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Mutual Fund
An open-ended investment vehicle that is comprised of a large pool of fund collected from several investors in order to invest it in securities suc ...
Surety
Debt guarantee backing one party by another. The individual or organization, called the guarantor, takes the responsibility of paying the debt shou ...
Treasury Yield
Return on investment on the US government’s debt obligations such as bills, bonds, and notes. Expressed as a percentage, it also refers to th ...
Reverse Mortgage
A mortgage in which the homeowner borrows against his or her home equity and receives regular payments from the lender until total payments reach a ...
Common Stock Equivalent
Securities which can be changed into common stock. There are some instances a preferred stocks can also be converted into a common stock. Also know ...
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SEE FOREX TUTORIAL
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 07:00 | Leading Indicators | Feb | |
| 08:00 | Halifax House Price Index | Mar | |
| 08:00 | Industrial Production | Feb | |
| 08:00 | Trade Balance | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 11:00 | Retail Sales | Feb | |
| 21:00 | Consumer Credit | Feb |
