A mortgage is a debt instrument typically used as a finance mechanism to purchase real estate. When purchasing a piece of property or a home, new owners typically do not purchase the entire piece of real estate up front.
As a mechanism to make a claim on the property while agreement to a set arrangements of payments to purchase it, a mortgage can be initiated. Over a period of several years, the borrower repays the loan, plus interest, until he/she eventually owns the property free and clear.
Mortgages are also known as "liens against property" or "claims on property."
The Dow Theory may not always be accurate, but it has been part of the foundation of modern market analysis
There are many ETFs on the market and more popping up all the time. Currently, there are over 900 ETFs available on...
Unlike 401(k)s, you are allowed to take money out of a 457 Plan before the age of 59½ without a 10% withdrawal penalty
Each person can contribute up to the annual gift tax exclusion amount, which in 2016 is $14,000 per beneficiary. 529 plan
You may hear differences about the amount of life insurance you need. One is take your annual income and multiply it by 10
Account Number — Financial Definition
Accountants and companies have responsibilities for maintaining accurate records of financial transactions and accounts
A Federal Budget is created every year. It originates with a proposed budget from the President
The Federal Trade Commission (FTC) was originally created to encourage market competition and to protect consumers
The Falling Wedge pattern forms when prices appear to spiral downward, with lower lows and lower highs