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Metrovacesa eyes loan waiver if bond flops -source - Guardian UnlimitedMADRID, Oct 7 (Reuters) - Spain's Metrovacesa will have to seek a waiver from creditors by year's end unless it manages to issue a 1.75 billion euro bond to refinance part of its debt, a source familiar with the transaction told Reuters. "If ...
RPT-Metrovacesa eyes loan waiver if bond flops -source - ReutersMADRID, Oct 7 (Reuters) - Spain's Metrovacesa (MVC.MC: Quote , Profile , Research , Stock Buzz ) will have to seek a waiver from creditors by year's end unless it manages to issue a 1.75 billion euro bond to refinance part of its debt, a source ...
Costlier credit may delay hospitals' construction projects - Detroit Free PressFaced with paying higher interest rates on bonds that help finance hospital projects and refinance costly older bond debt, some Michigan health systems are holding off on debt-refinancing plans until they see more stability in municipal bond markets ...
World financial meltdown delays local school bond refinancing - Chesterton TribuneThe turmoil in the nation’s financial industry has temporarily delayed the Duneland School Board’s plans to refinance the bond that was used to build the new Chesterton High School. Just last month, when the school board first agreed to refinance ...
MBIA May Operate Australia Tunnel After Guaranteeing Its Bonds - BloombergOct. 10 (Bloomberg) -- MBIA Inc. may end up operating a tunnel in Australia because the project probably won't be able to make payments on debt that the bond insurer guaranteed. Plans to refinance the Lane Cove Tunnel in Sydney and restructure its ...
RenCen refinance splits board - Detroit NewsDETROIT -- General Motors Corp. executives outlined a plan Thursday to borrow $250 million from a city pension fund and refinance the Renaissance Center, but pension fund members did not take any action on the request. Several Detroit Police & Fire ...
HSBC, RBS Face Financing Double Whammy as Rates Rise (Update2) - BloombergOct. 8 (Bloomberg) -- HSBC Holdings Plc , Royal Bank of Scotland Group Plc and the biggest U.K. banks face the most debt coming due in at least 10 years as the credit market seizure raises borrowing costs to the highest on record. The six largest ...
Where the Credit Freeze Has Thawed - MSN MoneyCentralThe global half-percent interest rate cut coordinated by central banks from the U.S. to China on Oct. 8 sparked yet another glimmer of hope for a thaw in the frozen credit markets, but the unprecedented action also underlined just how grave -- and ...
First-time homebuyer program cut back: Credit crunch forces agency to ... - TradingMarkets.comThe Minnesota Housing Finance Agency said the deepening freeze in the credit markets forced it to scrap a $100 million bond issue late last month. The money was going to be used for the agency's Minnesota Mortgage Program. In the program, local ...
Bayfield district refinancing its debt from 1998 - Durango HeraldOn Sept. 9, the Bayfield School District Board of Education approved a general-obligation refunding bond that will refinance outstanding district debt. The resolution, which outlined the bond refunding, was passed unanimously by the board. The vote ...

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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