Canadian Currency Exchange

Canadian Currency Exchange » forex option talk

1. omarimichael
   Member

   hi dear chaps!
   Many associates address me regarding what the meaning of nontraditional mortgages is.
   Nontraditional mortgages is a broad term describing mortgages that do not take the traditional form. A traditional mortgage would require a relatively high initial down payment of about 25% and 25-year payment schedule with an interest rate that is compounded on a monthly basis. Nontraditional mortgages include interest-only mortgages, payment option adjustable rate mortgages (ARMs) and subprime mortgages.
   A subprime mortgage is extended to individuals who are of higher risk due to a history of bankruptcy, a higher debt to equity ratio, a history of non-payment of debt despite sufficient cash flow and/or a low credit score.
   Interest-only mortgages are balloon loans in which the borrower must service the interest during the life of the loan and then make a balloon payment at maturity to pay off the principal.
   ARMs are loans that have interest rates that will be reset in periodic intervals. These intervals can vary from months to years, and will cause payments to fluctuate more then a traditional mortgage.

   Posted 4 months ago #
2. mitchellroberson
   Member

   what omarimichael said

   Posted 4 months ago #
3. omarimichael
   Member

   anyone?

   Posted 4 months ago #
4. trevonewing
   Member

   apparently the effect of the market's changes on the SAR in Qatar began surfacing around the time that the strengthening in the unemployment statistics are going to affect the SAR prices and accelerate the industry's recovery (that if true) should probably advocate the SAR's mutability.

   Posted 4 months ago #
5. omarimichael
   Member

   omarimichael!
   I was warned by at least 4 analysts not to sell SAR Bfor Feb 26, 2010, when the food market are about to to take a dive and affect the SAR-QAR rates.

   Posted 4 months ago #

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