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New T. Rowe Price mutual fund eyes global investment - Baltimore Business JournalT. Rowe Price Group Inc. is launching a new mutual fund seeking reward amid the risks of global fixed-income investing. The Strategic Income Fund will invest in up to 12 different kinds of assets. Long-term investors can find good prices in the bond ...
T. Rowe Price Launches Strategic Income Fund - StreetInsider.comMore News related to PRSAX BALTIMORE, Jan. 6 /PRNewswire-FirstCall/ -- T. Rowe Price (Nasdaq: TROW ) has expanded its fixed-income investment offerings by launching the Strategic Income Fund. It seeks high income and some capital appreciation by ...
Assess, Rebalance Your 401(k) After 2008 Losses - KXTV News10NetUNDATED - The bear market is no abstract mathematical notation, no mere number on a newspaper page: It's a concrete change in your life, and not a good one, especially if you're saving for retirement. Consider this: If your 401(k) had $100,000 ...
Muni bonds: Proceed with caution - CNN MoneyCNN's Christine Romans and Fortune Managing Editor Andy Serwer dig into what could be one of the biggest financial scandals of all time. NEW YORK (Fortune) -- After months of declines, municipal bonds look too cheap to pass up, and signs suggest the ...
Bank CDs, bonds offer good returns, less risk - Medford Mail TribuneWASHINGTON — Risk is out of the question. But the safest investments deliver almost nothing — especially now when interest rates are at record lows. So how do you squeeze out a decent return and still sleep soundly? One way is to replace low ...
How to invest in a low-interest rate environment - Austin American-StatesmanWASHINGTON — Risk is out of the question. But the safest investments deliver almost nothing, especially now when interest rates are at record lows. So how do you squeeze out a decent return and still sleep soundly? One way is to replace low ...
Mood shift on Wall Street: Investors are taking risks again - Los Angeles Times BlogsSometimes, rising interest rates can be good news. That’s the case with the sudden reversal in yields on U.S. Treasury securities in recent weeks. Even as Treasury yields have moved back up, yields on other bonds have fallen. And the stock market ...
New law reduces local authority over cable TV firms - New Orleans Times-PicayuneNearly half the state's parishes could lose thousands of dollars in revenue under a recently enacted law that reduces the power of local municipalities to negotiate with cable operators. The Consumer Choice for Television Act, enacted in August ...
Jumping Ship on Putnam Mutual Funds - Smart MoneyWe usually advise against letting one bad year persuade you to take a loss on a mutual fund, but the ongoing flux over at Putnam Investments is a good example of when it can make sense to cut and run. Putnam has had a string of bad years, and lots of ...
St. Louis gurus give advice for bear market in stocks - St. Louis Post-Dispatch"Buy when there's blood in the streets." "Be greedy when others are fearful." "You make most of your money in bear markets, you just don't know it at the time." Wall Street is full of old saws about bear markets. They tend to offer the same advice ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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