Low rates aren’t enough to spark refinance boom (The Tennessean)
October 22nd, 2009 adminMore info…
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
