Word: fixes
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...Fix Timing button and your so-so keyboard solo will sound a little more like Ben Folds. Just don't let your piano teacher catch you doing...
...according to Kay, the dependency on U.N. scientists was only a quick fix that caused greater problems in the long...
...opting for that higher rate, though, homeowners win only if rates rise. If rates remain stable or fall, the ARM is by far the better deal because the rate starts out low and automatically adjusts downward without the cost of refinancing. Beyond that, Greenspan said, fixed-rate borrowers pay an excessive premium. In high finance there is a quantifiable cost to fix a rate for 30 years. Home-owners pay about 1 percentage point on their loan rate for it, while mortgage lenders (which must hedge their rate risk) pay less than half of that. Over the past 10 years...
Greenspan challenged the mortgage industry to offer new products that bring down the cost of peace of mind. Most buyers couldn't care less how much of their monthly payment represents interest; they just want to know the payment won't change. One way to fix the payment without the cost of fixing the rate is to hold an adjustable-maturity mortgage--in which the payoff period, not the monthly outlay, rises and falls with interest rates. Outside the U.S., fixed-rate deals are far less common, and adjustable-maturity mortgages are readily available. An ARM with a lifetime rate...
...aides say the week's events were carefully choreographed to underline Abashidze's authoritarianism and stir up voters in Saakashvili's favor. Saakashvili believes Abashidze's party will be wiped out at the polls, allowing the new legislature to curb Ajaria's autonomy. If Abashidze tries to fix the vote - as Shevardnadze did in November - Saakashvili's supporters in Ajaria will launch their own revolution of the roses. But even if the best-case scenario pans out in Ajaria, Saakashvili has two much more difficult nuts to crack - South Ossetia and Abkhazia, which have been resisting Tbilisi by force...