If you own a home, you know mortgage products have moved beyond the basic 30 year fixed option. Reverse mortgages are one such product and here is an overview.
Capital And Its Reward
Finance, in the sense in which it will be used in this article, means the machinery of money dealing.
Banking Machinary
Capital, then, is wealth invested in industry, finance is the machinery by which this process of investment is carried out, and international finance is the machinery by which the wealth of one country is invested in another.
Credit Scoring – Does it Matter?
Borrowers with good credit history may be rated as a prime borrower and qualify for the lowest interest rate available. A negative rating can lead to paying a very high interest rate in order to get approval for a mortgage loan.