Keith&JacquelineJan 25, 20231 minAmortization PeriodThe amortization period is the length of time it would take to pay off a mortgage in full, based on regular payments at a certain...
Keith&JacquelineSep 8, 20221 minWhat are Mortgage Backed Securities (MBS)?A Mortgage-Backed Security (MBS) is an investment similar to a bond that is made up of a bundle of mortgage loans bought from the banks...
Keith&JacquelineSep 8, 20221 minIs Tapering the same thing as Quantitative Tightening?No. Tapering is the process of reducing the pace of quantitative easing (QE), but the balance sheet is still being expanded, though at a...
Keith&JacquelineSep 8, 20221 minHow Does the Overnight Rate Affect the Prime Rate?When the overnight rate is increased by the central bank, it becomes more expensive for banks to borrow money from one another,...