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Posted: May 31st, 2008, 5:24am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Posted: May 31st, 2008, 4:37am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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Posted: May 31st, 2008, 4:19am CDT
Like many homebuyers who bought a home using an adjustable-rate mortgage in recent years, James Legendre, found it was more challenging...
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Posted: May 30th, 2008, 10:41pm CDT
For people about to lose their homes to foreclosure, the advertisements are like a lifeline: "WE BUY HOUSES FOR CA$H," or "Refinance Your Mortgage! And Receive a 7 Day Vacation."
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Posted: May 29th, 2008, 8:16pm CDT
MELBOURNE, May 30 (Reuters) - Australian asset manager Allco Finance Group AFG.AX won a further one-month extension from creditors on a A$250 million ($238 million) bridge loan until June 30, but said it would be paying a much higher margin on its senior debt facilities.
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Posted: May 29th, 2008, 8:15pm CDT
MELBOURNE, May 30 - Australian asset manager Allco Finance Group won a further one-month extension from creditors on a A$250 million bridge loan until June 30, but said it would be paying a much higher margin on its senior debt facilities.
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Posted: May 28th, 2008, 11:34pm CDT
SYDNEY, May 29 (Reuters Basis Point) - Incited Pivot Ltd IPL.AX, Australia's biggest fertiliser maker, is planning to syndicate a A$2.4 billion ($2.3 billion) loan to fund its purchase of Dyno Nobel Ltd DXL.AX, sources said.
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Posted: May 28th, 2008, 11:33pm CDT
SYDNEY, May 29 - Incited Pivot Ltd , Australia's biggest fertiliser maker, is planning to syndicate a A$2.4 billion loan to fund its purchase of Dyno Nobel Ltd , sources said.
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Posted: May 28th, 2008, 5:24am CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from?
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Posted: May 27th, 2008, 6:47pm CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
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Posted: May 18th, 2008, 1:10am CDT
Today on the front page of the Beacon Journal, Home reporter Mary Beth Breckenridge and I start a two-part series on how to buy your first home. It was designed as a primer for people who might find in a period of high housing inventory and low mortgage rates, that it's the right time to buy a home.
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Posted: May 17th, 2008, 4:27pm CDT
The gears of the mortgage market are starting to unlock for borrowers needing big loans. In expensive markets such as Washington, that covers most people looking to refinance or move up from an entry-level home.
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Posted: May 17th, 2008, 11:53am CDT
Julie and Rick Rowinski of rural Belvidere had no plans to refinance their home this year.
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Posted: May 16th, 2008, 8:01pm CDT
Months after many eager homeowners starting gearing up to refinance their mortgages, interest rates for Bay Area-sized mortgages are finally falling.
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Posted: May 16th, 2008, 7:36pm CDT
Despite a threatened veto, the House on Wednesday debated a broad housing package intended to help hundreds of thousands of troubled homeowners refinance into cheaper mortgages and provide tax breaks for first-time buyers.
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Posted: May 16th, 2008, 4:12pm CDT
Fannie Mae, the largest U.S. home funding source, is setting a single national standard for down payments on mortgages it buys, including areas where home prices are falling, in an effort to stimulate the housing market.
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Posted: May 16th, 2008, 8:55am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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Posted: May 15th, 2008, 4:51pm CDT
Real estate in high-priced areas is finally becoming a little easier to buy or refinance, thanks to the jumbo conforming loan program approved by Congress in February.
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Posted: May 15th, 2008, 4:51pm CDT
Real estate in high-priced areas is finally becoming a little easier to buy or refinance, thanks to the jumbo conforming loan program approved by...
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Posted: May 15th, 2008, 11:51am CDT
LONDON, May 15 - Russian miner Norilsk Nickel's three-year syndicated loan has been increased to $1.5 billion from $1.3 billion after Royal Bank of Scotland joined the deal as a bookrunner, bringing the total number of bookrunners to eight, a banking source said on Thursday.
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Posted: May 15th, 2008, 7:41am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Posted: May 15th, 2008, 3:47am CDT
Buying a home might be the American Dream, but for Carlos Prieto, securing a loan to buy his new house was more like a nightmare.
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Posted: May 14th, 2008, 10:06am CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
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Posted: May 4th, 2008, 1:07pm CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from?
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Posted: May 4th, 2008, 7:10am CDT
People used to obsess over frequent-flier miles. Now, with lending standards getting tighter, they're applying similar energy to improving their credit scores. Jeffrey Sheldon, a 36-year-old Purcellville, Va., computer-systems administrator, has an enviable credit score of about 740. But he's planning to refinance his adjustable-rate mortgage in June and knows that lenders will be taking a ...
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Posted: May 4th, 2008, 5:35am CDT
RBC, 04.05.2008, Moscow 13:29:37. Wimm-Bill-Dann Foods could use part of the syndicated loan of $250m obtained in late April 2008 to make new acquisitions, RBC Daily wrote today.
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Posted: May 4th, 2008, 12:28am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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Posted: May 3rd, 2008, 8:07am CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
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Posted: May 3rd, 2008, 7:22am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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Posted: May 3rd, 2008, 4:54am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Posted: May 2nd, 2008, 8:37pm CDT
The House Financial Services Committee approved legislation that would make up to $300 billion in insured loans available to refinance the mortgages of borrowers in danger of foreclosure.
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Posted: May 2nd, 2008, 3:40pm CDT
The housing finance system, while still functioning, is in a crisis. Interest rate risk premiums -- the rate increment on mortgages classified as riskier -- are two to four times as large as they were two years ago. Day-to-day rate volatility, which can cause havoc in the relationships between borrowers and loan providers, is larger than I have ever seen.
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Posted: May 2nd, 2008, 2:47pm CDT
The percentage of homeowners who refinanced with a Freddie Mac-owned loan in the first quarter of 2008 and received mortgages with loan amounts higher than their original mortgages, fell to the lowest levels since early 2004.
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Posted: May 2nd, 2008, 2:35pm CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Posted: May 2nd, 2008, 2:10pm CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from?
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Posted: May 2nd, 2008, 11:35am CDT
LONDON, May 2 - State-owned investment group Dubai World has launched syndication of a $5 billion term loan, which will be used to refinance the borrower's $5 billion, 364-day bridge loan that signed last year, a banking source said on Friday.
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Posted: May 2nd, 2008, 8:59am CDT
LONDON, May 2 - European Directories, the publisher owned by Australia's Macquarie Capital , is asking its banks to allow a new 152 million euro loan backing its acquisition of TRUVO Nederland to be added to its existing debt, banking sources said on Friday.
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Posted: May 2nd, 2008, 8:59am CDT
LONDON, May 2 - European Directories, the publisher owned by Australia's Macquarie Capital , is asking its banks to allow a new 152 million euro loan backing its acquisition of TRUVO Nederland to be added to its existing debt, banking sources said on Friday.
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Posted: May 1st, 2008, 8:24am CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
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Posted: May 1st, 2008, 7:28am CDT
Morgan's Foods, Inc. turned to GE Capital Solutions, Franchise Finance to secure $12.6 million to refinance existing loans. The financing extinguishes 25 existing loan agreements before their scheduled maturity and is secured by existing real estate and business value.
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Posted: May 1st, 2008, 1:05am CDT
Goodman Fielder announced that it had successfully raised $670m including $70m of oversubscriptions, from the syndication of its multi-tranche, multi-currency, revolving loan facility announced on 5 March 2008. The Facility will be used to refinance $500m of unsecured debt, originally due to mature in November 2008, as well as for general working capital purposes.