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1). Glossary of common terms used during the mortgage process. By : Michael Challiner
APR - This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calculating APR is set by Government Regulations and therefore enables direct comparison of the cost of mortgages.
Capital and Interest Mortgage - This is when part of your monthly payment contributes to paying off the outstanding mortgage in addition to paying the interest on the mortgage.
Article Related to: mortgages, glossary, apr, interest, survey, variable, rate, repayment, equity
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2). Mortgages And Loans. Islamic Finance Avoids Interest. By : Michael Challiner
Two million Muslims in the UK face an ethical dilemma if they want a mortgage or a loan. Conventional mortgages and loans all require the payment of interest and “riba” as interest is called under Islamic law, is forbidden by the Koran.
British financial institutions are increasingly catering for Muslims' specialist needs through a number of alternative arrangements that respects the teachings of the Koran.
Article Related to: islamic, finance, glossary
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3). Teach Your Child Grammar Early By : Don Dewsnap
For some reason, grammar is the “forgotten cousin” of reading programs. Back in the good old days, second- and third-graders would learn what a noun is, and the difference between present and past tense verbs. Now the educational system waits until middle school, which is long past the best learning age. Kids then wonder why they need to learn rules about talking and writing, and get no good answers.
Article Related to: grammar, teach, children, glossary, terms, child
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4). Glossary of Forex Terms and Commonly Used Expressions By : Martin Chandra
Forex is one of the fastest growing areas for news traders to get started. The main reason for this is the low entry level (only a few hundred dollars for mini accounts) and the fact that it is fairly straightforward to trade.
Article Related to: glossary, terms, forex, currency, trading, dollar, invest, foreign exchange, market, traders, bankrupt
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