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SEE ALL OF TODAY'S STORIES » - Grand Rapids Press
Courtesy Photo The fraternity house where Jonathan Good allegedly stayed after escaping from the Mecosta County Jail. BIG RAPIDS -- Mecosta County Jail escapee Jonathan Joseph Good knew how to dress for his time on the lam -- he watched the Weather ...

Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free Press
A sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...

Canadiens beat Red Wings 3-1 - FOX News
DETROIT — Carey Price made 32 saves, and Maxim Lapierre, Tomas Plekanec and Christopher Higgins scored second-period goals in the Montreal Canadiens' 3-1 victory over the Detroit Red Wings on Wednesday night. Johan Franzen scored for Detroit, and ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

No. 2 mall operator warns of bankruptcy - WZZM 13
NEW YORK (CNNMoney.com & WZZM) -- General Growth Properties Inc., the No. 2 mall operator in the United States, has warned that an ongoing slump in retail sales, combined with the credit market lockdown, has pushed the company to the brink of ...

Grand Traverse Mall owner may face bankruptcy - Traverse City Record-Eagle
CHICAGO -- General Growth Properties Inc. shares plummeted this week after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The real ...

Bankruptcy threatens RiverTown Crossings owner - Grand Rapids Press
GRANDVILLE -- It's unclear if West Michigan's largest mall, RiverTown Crossings, will go up for sale as owner General Growth Properties Inc. scrambles to refinance $1 billion debt due next month. But a change in ownership isn't expected to impact ...

Three commissioners decide to sell vs. lease - Grand Rapids Herald-Review
Call it sealing the deal in the midst of a shaky economy—or—making a rushed decision that could mean the loss of money. This wager had Itasca County Commissioners at odds Wednesday as a rather large add-on item to an otherwise seemingly ...

ROTHBURY's future left hanging - MLive.com
GRAND RAPIDS — The ROTHBURY festival faces a critical deadline next week if a second event will be produced next summer. The festival's immediate future is tied up in questions before U.S. Bankruptcy Court Judge Jeffrey R. Hughes on the suggested ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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