5-6 HYBRID ADJUSTABLE-RATE MORTGAGE - 5-6 HYBRID ARM
Adjustable-rate mortgage with a fixed interest rate for five years. After this period, the interest rate becomes floating, which will be changed every six months based on an index plus the margin or fully indexed interest rate. The margin is fixed for the loan’s life span while the index is variable. Such mortgages are normally linked to the six-month London Interbank Offered Rate (LIBOR) index.
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Short-Term Paper
Short-Term Paper is a kind of financial instrument. They usually have less than nine months in their original maturity and are issued with a discou ...
Forward Dividend Yield
Refers to the estimation of a year’s dividend expressed as a percentage of current stock price. The projected dividend of the year is measure ...
Ultra Vires Act
Ultra Vires Act refers to any act beyond the authority or power of a corporation.
Tax Treaty
Bilateral agreement between two nations resolving issues on double taxation of active and passive income. It generally determines the tax rate that ...
Return On Net Assets - RONA
RONA is the amount a company generates in income for the year. When a company reports a high amount, the profit return is significant for investors ...
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SEE FOREX TUTORIAL
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An Introduction to Stocks
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Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Apr | |
| 03:30 | PPI | Apr | |
| 16:00 | Existing Home Sales | Apr | |
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:30 | Household Spending | Mar | |
| 01:50 | Summary of Opinions | ||
| 03:30 | NAB Business Confidence | Apr | |
| 05:35 | 10-Year JGB Auction | May | |
| 07:00 | Leading Indicators | Mar |
