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A SCUBA diver has been deep underwater and suddenly rises to the surface too fast. Why does the diver getdecompression sickness?
Ginnie Mae
A government-owned corporation within the United States Department of Housing and Urban Development that guarantees principal and interest payments on mortgage-backed securities.
Mortgage Market
The market where lenders and borrowers come together to negotiate and arrange home loans, encompassing both primary and secondary market activities.
Marginal Tax Bracket
The tax rate applicable to the last unit of currency earned, influencing financial decisions by showing the additional tax cost or benefit of income changes.
Municipal Bond
A debt security issued by a state, municipality, or county to finance its capital expenditures, usually tax-exempt from federal taxes and sometimes from state taxes.
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