Mortgage and Financial News From 2008-3-3 Page 15

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  • Dollar Rises From Record Low After Trichet, Juncker Comments (Bloomberg.com)

    March 3 (Bloomberg) -- The dollar rose from a record low against the euro as Luxembourg Prime and Finance Minister Jean- Claude Juncker said he was becoming ``increasingly concerned'' about the euro's rally.
    2008-03-03 09:22:56
  • Dollar Consolidates Vs. Europe, Hit Vs. Yen (TheStreet.com)

    The strength of the yen comes from several factors.
    2008-03-03 09:47:01
  • Television - Business (Scoop.co.nz)

    Crop farmers in New Zealand are losing $30 million a year as introduced pest birds eat their crops.
    2008-03-03 09:53:56
  • Euro-Zone Officials Fret As Currency Surges To New Highs (The Forex Market)

    BRUSSELS -(Dow Jones)- The euro's continued rise against the U.S. dollar is beginning to divide opinion among euro-zone governments, some of whom are becoming concerned about the currency's impact on growth.
    2008-03-03 10:14:11
  • Fitch Upgrades Arch Capital's Ratings (Centre Daily Times)

    Fitch Ratings has upgraded its ratings on Arch Capital Group, Ltd. (ACGL) as follows:
    2008-03-03 10:23:49
  • Now's The Time To Clean Up Your Finances (CNBC via Yahoo! Finance)

    It's never too soon to take charge of your financial situation and get on the right track. The hard part is figuring out where to start. With some dilligence and the following tips, though, it is possible, even if you're on the brink of bankruptcy.
    2008-03-03 10:33:50
  • Overland completes refinancing (CNW Group via Yahoo! Finance)

    TSX-V - OVL) - Overland Realty Limited has successfully completed the previously announced first mortgage refinancing of eight of its properties. Total first mortgage indebtedness on the properties increased from $9.64 million to $15.99 million, providing additional funds of $6.35 million.
    2008-03-03 10:36:00
  • Commercial real estate benefits by avoiding frenzy of housing (North Bay Business Journal)

    There is no doubt that today’s investment climate has been dominated by the sub-prime loan credit crunch and the incredible fallout that has ensued as a result of this financial crisis.
    2008-03-03 10:36:19
  • More local agencies caught in bond turmoil

    Sacramento Bee - With a once-robust market now in crisis, the utility and other public agencies are feverishly working to refinance those debts – much as a homeowner would refinance a mortgage.
    2008-03-03 05:53:00
  • Mortgage time bomb is ticking

    News.com.au - But the difficulty, especially when brokers are involved, is they are encouraged to refinance into a product that might not be suitable for their needs and be more expensive in the end.
    2008-03-02 04:17:00
  • Macquarie Bank eyeing Heathrow - report

    News.com.au - British Airports Authority (BAA), whose portfolio of airports includes Heathrow and Gatwick, has debts of £9 billion ($18.9 billion) it needs to refinance while a Competition Commission review is expected to recommend a partial break-up of the group
    2008-03-02 12:21:00
  • MID, TID bruised by mortgage meltdown

    Modesto Bee - MID spokeswoman Kate Hora said the agency plans to refinance the bonds to get a fixed rate within two to four months. Its auction-rate bonds make up about 11 percent of its debt.
    2008-03-03 06:15:00
  • Risky ARMs are popping up again

    Detroit Free Press - If a house is worth less than when you bought it, it makes it far more difficult to refinance into a fixed rate once the ARM readjusts in two or three years.
    2008-03-02 03:27:00
  • EFAD Real Estate hires three banks for $200m Islamic refinance loan

    Khaleej Times - DUBAI — EFAD Real Estate Co. WLL, the closely held Kuwaiti developer and investment company, hired three Asian and European banks to help it get a $200 million Islamic loan to refinance old debt. DBS Group Holdings Ltd., The Islamic Bank of Asia ...
    2008-03-02 07:30:00
  • 5 prominent housing aid proposals

    CNBC - Give the Federal Housing Administration $15 billion to buy up loans and refinance them at lower rates, and give state and local governments $10 billion in grants to buy up foreclosed properties.
    2008-03-02 03:27:00