What is net asset value?

Just like stocks, mutual funds’ units are also traded and just like a stock price, there is a price that represents each unit of a mutual fund. This price is called net asset value or NAV. NAV represents the per share market value of a mutual fund. How is NAV calculated? What is the importance […]

Do You Think Your Home Loan Application Might Get Rejected? Here is How You Can Avoid it!

There are many lenders out there offering great home loan plans. This works to benefit borrowers who are looking to get financial support to afford property purchases. However, there are many cases where applicants get their home loan applications rejected. Now, this is not always because lenders are rigid. Many applications get rejected simply because […]