Refinance Basics
National Bank to lower base refinance rate in Feb
Jan 30th
The National Bank of Belarus (NBB) will lower its base refinance rate next month, Chairwoman Nadzeya Yermakova told reporters in Minsk on January 30.
“As soon as we see January’s inflation rate, we will consider reducing the refinance rate,” she said, adding that the NBB would do so in the first half of February.
“The base refinance rate will be lowered to a certain extent,” the official stressed.
RCom gets Chinese banks to refinance Rs 6,125 cr loan
Jan 17th
Reliance Communications, the telecom arm of Anil Ambani-led group, on Tuesday said three leading Chinese banks have agreed to refinance its outstanding foreign loans worth Rs 6,125 crore, making it the biggest ever overseas loan refinancing arrangement by any Indian company. More >
Mortgage rates hit new lows. Time to refinance?
Oct 4th
Mortgage rates have fallen to new lows in recent weeks, spurring interest in refinancing. But not everyone is able to cash in on the deal, some lenders say.
School Board Votes to Refinance Bonds
Sep 19th
The Benicia Unified School District (BUSD) Board of Trustees voted to refinance two General Obligation Bonds at their regular meeting Thursday, Sept. 15.
By refinancing the bonds at current interest rates, taxpayers could save up to $473,000 repaying the bond. More >
Demand for Refinanced Home Loans Picks Up
Aug 16th
As mortgage interest rates dropped again this week to near historic lows, it mostly benefited people who already own houses.More than 75 percent of mortgage loan applications nationally in the first days of August came from owners hoping to refinance, say numbers from the Mortgage Bankers Association. That is up from 60 percent in the spring. More >
The Basics Of Refinancing Your Mortgage
Jul 12th
You would think that mortgage applications always come from people looking to buy a house. But you would be wrong.
Currently, about two-thirds of the mortgage applications in the United States are from customers who already have homes and just want to change the terms of their mortgages. More >
Wells Fargo Refinance Mortgage Rates Tick Upward
Jun 21st
30 year fixed rate refinance mortgages were up to 4.75% this morning at Wells Fargo (NYSE: WFC). After hitting annual lows early last week rates moved up a bit on Thursday and have been mostly stable with an 1/8th point rise today. More >
NRG Energy To Refinance $3.9B Debt
May 9th
Independent power producer, NRG Energy, is planning to refinance $3.9 billion of debt and change the financing terms, Bloomberg reports. The company will offer a $1.6 billion term loan due in seven years and a $2.3 billion revolving credit line for the refinancing. More >
Basic Facts Of Refinance
Feb 9th
If a person in Colorado Springs faces difficulty in making payments toward his existing home loan or finds that the interest rate in the market has dropped and has become less than that of his current mortgage, he can take advantage of refinance. By refinancing, he can alter the terms and conditions of the existing loan. He can also have a lower interest rate, shorten the loan term, renegotiate on the principal amount or convert his fixed rate mortgage to an adjustable one or vice versa. However, to be eligible for a refinance along with other factors he needs to have a good credit score. More >
Payday Woes: Making it Until Payday
Jan 11th
Many people have posed the question that relates to how they will make it to the next payday. The economy is taking a well choreographed nose-dive and as a result there are quite a few people out there living paycheck to paycheck and hoping that they just have enough to make it until that next check comes in. Luckily you don’t have to be one of those people if you know how to make use of payday loans. More >
