Problems and factors of globalization

Globalization describes a process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and trade. It’s the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration,…

What’s in a PITI payment?

When escrow is used, a monthly mortgage payment is called a PITI payment. That’s because each one covers a portion of the following four costs: Principal — the loan balance Interest — interest owed on that balance Real estate Taxes…