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Originally, only those with an LTV of 105% could qualify. Later that same year, the program was expanded to include those with an LTV up to 125%. [ 3 ] This meant that if someone owed $125,000 on a property that is currently worth $100,000, he would still be able to refinance and lock in a lower interest rate.
The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased.. In real estate, the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.
The RX's current Toyota counterpart is the Highlander/Kluger; past counterparts included the Harrier and Venza. The first-generation RX 300, fitted with a 3.0-liter V6 engine , began sales in 1998. The Japanese market Harrier released in 1997 also offered a 2.2-liter inline-four , later uprated to 2.4 liters.
NHTSA has conducted numerous high-profile investigations of automotive safety issues, including the Audi 5000/60 Minutes affair, the Ford Explorer rollover problem, and the Toyota sticky accelerator pedal problem. The agency has introduced a proposal to mandate Electronic Stability Control on all passenger vehicles by the 2012 model year.
The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [4] Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals.
Chirac increased the Palace's budget by 105% to 90 million euros per year, according to the book L'argent caché de l'Élysée. One million euros per year is spent on drinks alone for the guests invited to the Élysée Palace, 6.9 million euros per year on bonuses for presidential staff and 6.1 million euros per year on the 145 extra employees ...
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