Term of the day
Payment Option ARM Minimum Payment
An option to make minimum payments on an payment option ARM, which is a complex mortgage product with a temporary low interest rate. After the expiration of the temporary start rate, the borrower retains the option to make a pa ...
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Tenants by Entirety - TBE
Method in certain states where married couples can hold the property title with rights of survivorship. The consent of both spouses is required if ...
Prime Underwriting Facility
A kind of revolving underwriting facility. Prime underwriting facilities peg the lender's yield to the bank's prime rate. Most prime underw ...
Invisible Hard Market
A property or casualty insurance market phenomenon in which the market is hardening, seeing trimmed supply and higher prices, but the usually optim ...
Mortgage equivalent or less than the amount established by the conforming loan limit. In the United States, the Office of Federal Housing Enterpris ...
It occurs when a borrower’s interest rate that he or she pays on its debt is bigger than the interest rate a borrower earns on the money that ...
Earning the Right Accounting Certification
An accounting certification bolsters your career, increases take-home pay, helps expand network, and amplify professional credibility for you and the company you are working with. In some cases, th is designation acts as a tiebreaker between two eligible candidates for a job.
Global Events that Shape the Forex Market
Foreign exchange market is the largest and most active financial market worldwide. In 2013, trading in the forex market averaged 5.3 trillion a day, according to Bank for International Settlement. Having said that, events from around the globe may immediately affect the market in one way or another.
A Look Inside the Minds of Luxury Buyers
Owning something from a renowned or availing the services of a prominent entity has been a new trend in today's age. Gone were the days when majority opt for what allows them to save more. Inst ead, individuals tend to pick the priciest of them all, whether they can afford to buy it or not.
Special Features on Finance
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
|12:00||Bundesbank Monthly Report|
|14:30||Foreign Securities Purchases||Apr|
|14:30||NY Fed Empire State manufacturing index||Jun|
|16:00||NAHB Housing Market Index||Jun|
|19:00||ECB President Mario Draghi Speaks|
|20:45||BOC Deputy Governor Lawrence Schembri Speaks|
|23:00||Westpac Consumer Confidence||2 quarter|
|03:30||Monetary Policy Meeting Minutes|