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 ...
Find Your Words:
Showing items 229 - 304 of 1109
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 ...
Workers, Get Ready for the Robots Takeover
The possibility of robots replacing humans in their jobs is increasing over the years due to the rise of technology and popularity of automation. Debates regarding minimum wage hike also sparked co ncern that low-wage earners will be removed from their since a machine can already complete the task for them.
Does Shorting ETFs Bring Profit or Risk?
An exchange-traded fund (ETF) refers to a basket of securities trailing a commodity, index, or a basket of assets. Similar to an index fund, it trades like a stock on an exchange and experiences pr ice movement throughout the day on the open market as these are purchased and sold.
Special Features on Finance
|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|