RISK-BASED MORTGAGE PRICING
Mortgage lenders' offers of different interest rates and loan terms to different borrowers based on a grading of the creditworthiness of each borrower. Lenders grade borrowers based on several criteria including the borrower's credit score, payment history and the loan to value (LTV) ratio of the mortgage. Risk-based pricing is commonly used by Alt-A and subprime lenders.
POPULAR TERMS
Collusion
Non-competitive secret agreement taking place between two or more entities. They seek to disrupt the market’s equilibrium by changing the pri ...
Trade Credit
Agreement in which a client can defer the payment for products and/or services acquired from a supplier. Upon the delivery of the goods, the trade ...
Secondary Stock
Secondary Stocks are those stocks which are perceived as those that carry higher risks compared to blue chips due to the small market capitalizatio ...
Maturity Date
Date on which the principal amount of a acceptance bond, draft, note, or other debt instrument is due for settlement and to be repaid to the invest ...
Group of 30 - G30
Consultative group comprised of academics and financiers that aims to facilitate understanding of financial and economic matters in private and pub ...
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SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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 ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
