The Tax on Your Salary - 2011-12. On January 9th 1799 the Prime Minister, William Pitt, introduced income tax to pay for the Napoleonic war at the swingeing rate of 0.83% for people earning Â£60 or more.
Basically, an ARM is a mortgage loan that has an interest rate that adjusts, or changes, usually once a year. The benefit of an ARM is that it generally gives you a lower interest rate initially. The risk is that the interest rate most likely will go up, which in turn will make your monthly payments rise.
Mortgage Agency Lenders Explained. Learn about agency mortgage lenders. Mortgages have been a key focus in the news and economy over the past few months and a common buzzword is agency loans. Helping understand what an agency loan is will help you shop for the best mortgage solution.