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Global Stock Markets: Torrid 2008 Ends with Guarded Hope - Seekingalpha.comA great deal has been said in the media about the performance of stock markets during 2008, and also specifically about the reversal of fortune since the lows of November 20. I therefore only briefly summarize the year-end performance of various ...
Words from the (Investment) Wise for the Week That Was (Dec 22 - 28 ... - Safe HavenInvestors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008. With the S&P 500 Index and the Dow Jones Industrial Index down by 35.8% and 40.6% respectively for ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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