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Leading Refinancing LoansStates Act to Stem Foreclosure Scams (Kansas City InfoZine)By Pauline Vu - 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." How to Determine if it's Time to Refinance (Richfield Reaper) (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? Shoppers Drug Plans to Refinance Debt With New Issue (Update1) (Bloomberg.com) May 28 (Bloomberg) -- Shoppers Drug Mart Corp., Canada's biggest pharmacy chain, said it will use proceeds from the sale of C$450 million ($454.9 million) in new five-year notes to refinance existing debt. Bad Credit and Home Refinance (Richfield Reaper) (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? Closing Glance: Shares of commercial banks drop (AP via Yahoo! Finance) Commercial bank stocks dropped Wednesday after data showed mortgage application and refinance volume fell last week. The Mortgage Bankers Association said mortgage application volume slipped 4.6 percent during the week ending May 23. Shoppers Drug Will Use Proceeds From New Notes to Pay Down Debt (Bloomberg.com) May 28 (Bloomberg) -- Shoppers Drug Mart Corp., Canada's biggest pharmacy chain, said it will use proceeds from the sale of C$450 million in five-year notes to refinance existing debt. O.T.C EXPT Expert Group, Inc. -- Letter to Shareholders (Marketwire via Yahoo! Finance) Expert Group, Inc., specializing in refinance loans, home mortgage loans, and new home purchases as well as foreign national loans, and now offering a range of credit repair services through its sister company, Expert Credit Fix USA, issued a Letter to its shareholders today. Refinance Your Auto Loan and Ease a Tight Budget (Carteret County News-Times) (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? (AFX UK Focus) 2008-05-29 07:03 Telecom Italia completes placement of $2 bln in bonds (Interactive Investor) MILAN (Thomson Financial) - Telecom Italia SpA said it has completed the placement of $2 billion in bonds in an effort to refinance its debt and diversify its investor base. Auto Loan Refinance to Reduce Monthly Payments (Richfield Reaper) (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. |