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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Mutual Fund Timing
A legal but gloomed practice where traders try to gain short-term profits from buying and selling mutual funds in order to benefit from the spread ...
Japan Inc.
An alias for the corporate world of Japan which emerged during the 1980s boom when Western businessmen noticed how the Japanese government worked n ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Growth Investing
Technique in which an investor seeks shares with superior growth potential. In most cases, a growth stock refers to a firm whose earnings are antic ...
FHA Loan
FHL loan is issued by qualified lenders and insured by Federal Housing Loan or FHA. This loan is designed for low to moderate income borrowers who ...
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SEE FOREX TUTORIAL
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 ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 07:15 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 08:00 | Wholesale Price Index | Apr | |
| 08:00 | Prelim Machine Tool Orders | Apr | |
| 11:00 | European Commission Economic Forecasts |
