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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HIIC
An organization of prominent investors from around the world that gives advices to the Nigerian government on matters regarding the economic develo ...
Bearish Belt Hold
During an ascending trend there is a candlestick pattern that is being formed called bearish belt hold. This is what appears in the pattern: coming ...
Currency Translation
Act of quoting the amount of money denominated in one currency into the value of another currency in the balance sheet. Done using current exchange ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
Managed Currency
A currency whose exchange rate is affected by the intervention of a central bank. It is unlike a currency that is determined by the free-market for ...
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SEE FOREX TUTORIAL
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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 ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
