It refers to a period whereby old debt obligations are replaced with newer obligation with different terms. A common refi bubble often occurs when homeowners refinance their home mortgages as rase have fallen to an attractive level.
Theory stipulating the market is in an upward trend if one of its averages accelerates above a previous important high, it is followed by the same ...
Continuity of Business Enterprise Doctrine
Taxation principle, applicable to mergers and acquisitions, stating the acquiring company must either carry on the target firm’s usual busine ...
Refinance wave is a period in which a huge number of borrowers refinance mortgages in answer to changes in interest rates. When short-term interest ...
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Activity-Based Budgeting - ABB
A budgeting method wherein the activities that are accumulating costs in the organization's functional areas are recorded and its relationship ...
Nailing the Series 6 Examination
The Investment Company and Variable Contracts Products Representative Qualification Examination is a test developed and administered by the Financi ...
Dodge the IRS Tax Audit
Writing Off a Loss from Hobby Any earned income from a hobby must be declared. While no person can claim a loss from any ...
Common Mistakes of Real Estate Investors
Getting into a real estate market is like taking a hike. You need to trail all the steps to be able to reach the highest peak of the mountain. It i ...
Financial Mentality of Generation Y
Aside from modernization, there are more remarkable changes that occurred over the past decades which gave rise to the world that our millennials h ...
Deceptions Uncloaked by Tax Preparers
How does a professional tax preparer know if the person is supplying fraudulent details to evade or cut their tax bill? Here are telltale signs.
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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 ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
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