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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Theory stipulating the market is in an upward trend if one of its averages accelerates above a previous important high, it is followed by the same ...
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Taxation principle, applicable to mergers and acquisitions, stating the acquiring company must either carry on the target firm’s usual busine ...
Refinance Wave
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Backup Withholding
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Activity-Based Budgeting - ABB
A budgeting method wherein the activities that are accumulating costs in the organization's functional areas are recorded and its relationship ...
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| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Jul | |
| 01:30 | National CPI | Jun | |
| 01:30 | National CPI ex Fresh Food | Jun | |
| 01:30 | National CPI ex fresh food & energy | Jun | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jun | |
| 08:00 | PPI | Jun | |
| 10:00 | Current Account (sa) | May |
