Anh HOANG Articles

Last 50 articles...

Today's Market

updated 10 hours ago Sponsored by:
DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASD 4,963.53 -24.36 -0.49%

Community: Investing Wiki

Term Of The Hour

about payment shock: Original post by Matt McGew of Demand Media Payment shock occurs when a monthly payment obligation increases substantially, usually as a result of a loan adjustment. Most commonly, payment shock occurs with adjustable-rate mortgage loans when the rate resets or when a payment switches from an interest-only payment to a fully amortized payment requiring repayment of both principle and interest.…

Want to learn more or edit this definition?
Click here to read more!