News and Info about Refinancing
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Here’s the good news: Mortgage rates on a 30-year, fixed-rate loan are hovering just under 5 percent, and bankers expect them to stay in that range through 2010. Normally, borrowing costs that low would help spark a refinance boom.
Apartment complex secures HUD refinance deal (Knoxville News Sentinel)
KNOXVILLE A national mortgage banking firm today said it has secured a $4,675,000 refinancing package for Willow Creek Apartments, Josh Flory writes in his blog Property Scope. Willow Creek is a multi-building apartment complex at 2300 Merchants Drive with 134 units. The complex, which formerly was Foxfire Apartments, was sold in 2008 to a California firm called OSM Willow Creek Limited …
NS plans to refinance bonds when time is right (The Pottsville Republican & Herald)
BY JOHN E. USALIS FOUNTAIN SPRINGS - The North Schuylkill school board hopes to refinance more than $7 million in debt when bond market rates are favorable to save on lower interest rates. During Monday’s meeting, board members heard presen
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An unpaid parking ticket can spell big trouble for a homeowner — it can lead to a lien on your home, which can create problems when trying to sell or refinance the property. That’s one type of lien; click here for information on 10 more.
County looks to refinance bonds to save money (New Bern Sun Journal)
Craven County plans to refinance about $21 million in bonds with the hope of saving about $1.5 million in interest.
CSD to Save $1.1 Million By Refinancing School Bonds (Ashley County Ledger)
The Crossett School Board accepted a resolution to refinance the district bonds to the lowest bidder that will allow the district a net savings of $1.1 million in debt service payments during a special board meeting Wednesday afternoon, Oct. 7.
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After a 19-day trial before Manhattan Federal Bankruptcy Court Judge James Peck, Charter Communications won the right to maintain favorable terms on $11 billion in secured debt that its lenders had sought to refinance.
Help for debtors (The Nation - Thailand’s English news)
The Government Savings Bank will charge interest at only 0.5 per cent per month to refinance debts owed to loan sharks, said Lersak Chuladesa, the bank’s president and CEO.
Russian carmaker AvtoVAZ says bankruptcy possible (AP via Yahoo! Finance)
Troubled Russian carmaker AvtoVAZ said Monday that it may have to file for bankruptcy if it fails to refinance its debt, Russian news agencies reported.
Author: larrygking
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Added: August 11, 2009
How To Prepare Your Financials For A Loan Modification Approval #3
Author: LoanModGuru
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Added: August 23, 2009
Jacob Dean Mortgage will provide the best rates and exceptional service. Call us for a rate quote. We also specialize in FHA or VA mortgages. Whether you are refinancing or buying a new home now is the best time with rates at an all time low. We are licensed in about 30 states. Call Bob Ullman at 603-888-7788 bullman@jdmtg.com.
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