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BSkyB to raise $600 million in bond issue - Buffalo NewsSatellite broadcaster British Sky Broadcasting Group PLC said Tuesday it plans to raise $600 million in a bond issue to refinance existing debt and acquire new businesses. BSkyB, whose biggest shareholder is Rupert Murdoch's News Corp., said it will ...
UK plumbing supplies firm Wolseley cuts 2,000 jobs - Buffalo NewsWolseley PLC, the world's largest distributor of plumbing products, said Monday it would shed 2,000 jobs and close 200 branches in Britain and Ireland to adjust to the economic downturn. The company, which has already cut 5,000 jobs across Europe and ...
NFL loan pool deadline near - Sports Business JournalRocked by the turbulence in the financial markets, the NFL has not yet renewed its $1.5 billion lending pool with less than two weeks remaining before an Oct. 31 deadline. The NFL, like all companies, is facing significantly higher interest rates and ...
Obama, McCain duel on economy - Buffalo NewsTOLEDO, Ohio — Sens. Barack Obama and John McCain battled long-distance over the economy Monday as Obama offered new proposals to aid middle- class voters, including a moratorium on mortgage foreclosures, while McCain presented himself as a fighter ...
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.
View all Terms