Archive for June, 2009
Benny L. Kass Mailbag (Richmond Times-Dispatch)
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When home equity line of credit not wanted Q:My husband and I refinanced our condo in December 2007 with the existing mortgage company. In addition to the refinance, the lender opened a $250,000 home equity line of credit for us, although we never requested this, were not aware of it, and certainly never signed documents agreeing to it. We are planning to refinance another property this month …
Shorter bonds tumble ahead of 3-year note auction (source: SF Gate)
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Yields on two-year and 10-year Treasury notes rose to new highs for the year Monday as investors prepared for more government debt auctions. The Treasury Department is scheduled to sell $65 billion in Treasurys this week. With the government’s debt load….. (source: SF Gate) – RSS feeds and Feed widget on Feedzilla.com
Bonds sell off amid better-than-expected jobs data (source: Market Watch)
NEW YORK (AP) — Bond yields jumped again on Friday as a sell-off in Treasurys continued, an ominous sign for anyone looking to buy a home or refinance their loans…. (source: Market Watch) – RSS widgets and RSS feeds on Feedzilla.com
Rising Mortgage Rates Leave Refinancers Behind (source: NPR)
Mortgage rates are back around 6 percent, making refinancing less attractive than it has been in recent months. Some analysts see rates trending upward; others say this is a blip that will soon subside. (source: NPR) – RSS and News widget on Feedzilla.com
To refinance home loan, navigating paperwork and system takes patience (Sun-Sentinel)
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Renegotiating home loan requires patience, prep work to navigate red tape If you know you’re headed for trouble with your mortgage or you already are there, brace yourself.
(AFX UK Focus) 2009-06-17 00:24 UPDATE 1-Australia’s QTC sees A$22.5 bln 2009/10 borrowing (Interactive Investor)
SYDNEY, June 17 (Reuters) – The funding arm of Australia’s Queensland state said on Wednesday it would need to borrow A$22.5 billion ($17.9 billion) in the financial year to end June 2010, up 30 percent from 2008/09. The requirement comprises A$11 billion to refinance maturing debt and A$11.5 billion of new borrowings to fund capital works and asset procurement needs. The programme does not take …
‘Ruddbank’ defeated in Senate (ABC via Yahoo!7 News)
The Senate has rejected a Government bill to set up a fund to help commercial property companies that are struggling to refinance their loans.
RadioScape has Secured Long Term Funding to Refinance its Broadcast Business (PRWeb via Yahoo! News)
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RadioScape is once again fully operational with its customer facing technical and commercial teams remaining totally unchanged.
Can’t refinance? Try calling your congressman (Inside Bay Area)
Several lawmakers whose districts are drowning in foreclosures are taking unprecedented steps to help people stay in their homes,
Bad ideas: It doesn’t make sense to refinance or get variable annuities (Farmington Observer)
Q: Dear Rick: Our home is paid off and we have no mortgage. My husband has a pension and along with Social Security, most of our living expenses are covered. We do have to dip into our investment portfolio to supplement our income. It’s that issue that leads me to our question. We have been approached by someone who sells investments. He suggests that, as opposed to using our investment to cover …
Six Parks Files For Chap. 11 Bankruptcy (source: Forbes)
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Inability to refinance $400 million of debt falling due forces theme park operator to seek protection from creditors. (source: Forbes) – RSS news feeds and Widgets on Feedzilla.com
Can’t refinance? Try your congressman (source: The Arizona Republic)
WASHINGTON (AP) — Can’t afford your mortgage payment? If the bank won’t take your call, your member of Congress just might…. (source: The Arizona Republic) – RSS widgets and RSS feeds on Feedzilla.com
Anfield owners Hicks and Gillett close to refinance agreement on 350m loan (Daily Mail)
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Anfield owners Hicks and Gillett close to refinance agreement on 350m loan