|
|
Welcome to All sorts of Financials,
subject open mortgage
Open Mortgage (6-month to 1 year terms are most common):Allows borrowers to repay all or part of the principal amount of their mortgage at any time without penalty. You usually have to pay a higher interest rate for this type of mortgage since it offers greater prepayment flexibility. This flexibility makes open mortgages ideal for homeowners who plan to sell in the near future or who want to wait for rates to drop before locking into a longer-term mortgage. Unfortunately, open mortgages expose homeowner... : Open Mortgage (6-month to 1 year terms are most common):
Stocks Open Higher, Semiconductors Gain NEW YORK (Reuters) - U.S. stocks opened higher on Wednesday as oil prices fell for the third day in a row before a report expected to show a rise in U.S. crude inventory, while the chip sector gained from a Merrill Lynch upgrade. The Dow Jones industrial average was up 14.08 points, or 0.13 percent, at 10,472.54. The Standard & Poor's 500 Index was up 1.50 points, or 0.13 percent, at 1,182.89. The technology-laced Nasdaq Composite Index was up ... : Stocks Open Higher, Semiconductors Gain
Stock Futures Signal a Flat Open Today By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures were little changed on Friday, pointing to a flat market open, after third-quarter gross domestic product data showed the U.S. economy grew at a slower-than-expected pace. In earnings news, ChevronTexaco Corp. (CVX.N: Quote , Profile , Research ) , the No. 2 U.S. oil company, reported a rise in quarterly profit, while Anadarko Petroleum Corp. (APC.N: Quote , Profile , Research ) , the No. 1 U.S. indep |
