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refinanceChicago Tribune - With interest rates rising, some consumers are already seeking to refinance into fixed-rate loans. And, borrowers may take out interest-only loans, but with some of the conservative trappings of the traditional fixed-rate loan. Read more
A new leafReuters - NEW YORK, March 4 (Reuters) - New York City will refinance later this month about $1.3 billion of auction rate debt and $140 million of variable rate demand notes insured by FGIC (BX.N: Quote , Profile , Research ) (PMI.N: Quote , Profile , Research ... Read more
NYC to refinance over $1.4 bln of floating notesReuters - NEW YORK, March 4 (Reuters) - New York City will refinance later this month about $1.3 billion of auction rate debt and $140 million of variable rate demand notes insured by FGIC (BX.N: Quote , Profile , Research ) (PMI.N: Quote , Profile , Research ... Read more
UPDATE 1-NYC to refinance only 20 pct of floating-rate notesWHDH-TV - BOSTON -- The board overseeing the MBTA is expected to approve a budget that does not include a fare increase. The spending plan for the fiscal year beginning July 1 would instead have the transit system dip into its reserves and refinance current ... Read more
T's spending plan would tap reserves, hold off on fare hikeCNN Money - Refinance volume increased 4.5% during the week, while purchase volume grew 1.4%. Refinance applications accounted for 52.4% of all mortgage applications during the week ending Feb. 29. Read more
Mortgage applications up slightlyChicago Tribune - That's what the Bush administration says, seconded by executives of major banks, mortgage firms and Wall Street investors. But at the point where homeowners seek to refinance out of unfavorable loans or modify mortgage terms things may look different ... Read more
Second-mortgage issues join resetting rates for 1-2 punchManila Times - To finance the procurement of grains, its capital expenditures, general fund requirements and refinance maturing debt, the agency last month raised P10 billion from borrowings through the sale of 10-year notes. Read more
Govt to cut subsidy of state-runThe Australian - Market disquiet about NLG is nothing new, but the disclosure this week that it needs to refinance $200 million of debt to stay afloat sent more shivers through the market. Read more
Banks face $600m hangover from HedleyNews.com.au - Australian Seniors Finance caught up in credit crunch Needs to refinance $325m CBA loan Guides : Find out how to get a loan REVERSE mortgage pioneer Australian Seniors Finance is the latest local lender to be caught out by the global liquidity crunch ... Read more
Reverse lender ASF latest credit victimReuters - Wimm-Bill-Dann, which also produces juices, baby food and mineral water, will use the proceeds from the issue mainly to refinance its Eurobonds maturing in May this year. Read more
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