COMBINED LOAN TO VALUE RATIO - CLTV RATIO
Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing to lend if borrowers have a high credit rating, at least 80%.
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Pre-Settlement Risk
It is the possibility that one party in a trade will default settlement, and it may lead to replacement-cost risk.
Accredited Investor
Investors who are financially good and has a minimal need for protection by certain filings provided by the government. They are usually banks, ins ...
Impairment
Reducing a firm’s declared capital due to poorly estimated profits or losses
Total capital that is lower than the par valu ...
Steel Industry ETF
Steel Industry ETF is the exchange-traded funds invested in steel manufacturing and marketing companies. The steel industry is highly volatile due ...
DuPont Identity
Evaluating a firm’s return on equity (ROE) into three components: asset use efficiency, profit margin, and financial leverage. Also called Du ...
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SEE FOREX TUTORIAL
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 05:00 | Credit Card Spending | Aug | |
| 08:00 | Trade Balance | Aug | |
| 08:00 | Public Sector Net Borrowing | Aug |
