PRINCIPAL, INTEREST, TAXES, INSURANCE - PITI
These are the components of a mortgage payment. Principal refers to the money used to pay down the balance of the loan; interest is the charge you pay to the lender for the privilege of borrowing the money; taxes are the property taxes you pay as a homeowner, and insurance refers to both your property insurance and your private mortgage insurance.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
