MORTGAGE INTEREST DEDUCTION
An itemized deduction which allows homeowners to reduce the interest they pay on any loan used for building, purchasing, or improving their residence. It can also be taken on loans for secondary homes and vacation residences but with some limitations. The amount of deductible mortgage interest is stated annually by the mortgage company on Form 1098.
POPULAR TERMS
Tape Shredding
Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
Consumer Interest
Interest incurred for personal loans, automobile loans, and consumer credit. It entails all types of nondeductible interest consumers must pay. ...
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 & ...
NCUA-Insured Institution
National Credit Union Association or NCUA is equal to the Federal Deposit Insurance Corporation. The only difference is that, the NCUA deals with c ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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 ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:01 | Rightmove House Prices | Mar | |
09:00 | PPI | Feb | |
12:00 | Current Account (sa) | Jan | |
13:00 | Bundesbank Monthly Report | ||
23:45 | Trade Balance | Feb | |
02:30 | Monetary Policy Meeting Minutes | ||
04:00 | Credit Card Spending | Feb | |
09:00 | Trade Balance | Feb | |
09:00 | Public Sector Net Borrowing | Feb |