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Home bias |
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Home biasA preference, by consumers or other demanders, for products produced in their own country compared to otherwise identical imports. This was proposed by Trefler (1995) as a possible explanation for the mystery of the missing trade.Similar MatchesFreddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Homeowners insuranceHomeowners insuranceA form of property insurance which provides cover against such items as damage to the building, personal property, theft, personal liability etc. Home income planHome income planA plan enabling the normally elderly owner or owners of a property to utilise its capital value to their advantage (by providing an income) and still remain in residence.Typically a building society or insurance company provides a loan of up to 80% of the property value and this loan is used to purchase an annuity or joint life annuity (see annuity) in the case of say joint owners. The annuity payments are used to pay interest on the loan and provided 90% of the loan is invested in this way tax relief can be claimed. (The remaining 10% of the loan can usually be taken in cash with no restrictions). Thus after making interest payments net of tax relief there will be a surplus available to the owner or owners.Safe Home Income Plans (SHIP) is a self-regulatory body that was formed in 1991 to promote fairer schemes after thousands of elderly homeowners were left nursing large losses in the late Eighties. SHIP can be contacted on 01242 539494. Home Warranty InsuranceHome Warranty InsurancePrivate insurance insuring a buyer against defects (usually in plumbing, heating, and electrical) in the home he has purchased. The period of insurance varies and both new and used homes may be insured. Emergency Home Finance Act of 1970Emergency Home Finance Act of 1970The federal legislation creating the Federal Home Loan Mortgage Corporation, a partially government-run program initiated to stimulate the development of a secondary mortgage market and expand mortgages available to veterans and other groups. Further SuggestionsHome pageHomebuyers report home responsibilities protection Homestead Federal Home Loan Mortgage Corporation (FHLMC) home reversion plan Home run take home pay homeowners equity account Federal Home Loan Banks Homemade leverage Homeowners insurance policy Federal Home Loan Banks Homebuy loan Homemade dividend |
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