ORIGINATION POINTS
This kind of fee is charged to the borrower by the lender in order to pay off him or her for the evaluating, processing and approving mortgage loans.
POPULAR TERMS
Universal Banking
Universal Banking is a banking system that offers a wide range of financial services for both commercial and investment banking. European countries ...
Satellite Operation
Satellite Operation is a small office of a particular company or government agency that is located in a different place.
Forfaiting
The purchasing of receivables of an exporter (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of ...
Electronic Payments Network - EPN
Electronic automated clearing house (ACH), operating as the only ACH for the private sector in the United States. It handles numerous credit transf ...
Turkey
Slang term for a losing investment whose yields decline or become worse than expected. Securities with substantial losses, failed business transact ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |


