The National Association of Realtors released its Pending Home Sales Index (PHSI) for January 2023 and registered a rise of 8.1% MoM to settle at 82.5, the biggest monthly increase since June 2020. Th...
Tag: Refinancing
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations – Economics Bitcoin News
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate h...
Mortgage refinancing drops to a 22-year low
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, cau...
Mortgage refinancing index falls for 5th straight week hitting lowest level since 2000
Mortgage activity has been in decline with the increasing interest rates, a secondary cause of the Federal Reserve’s (Fed) fight against inflation. Further, the housing market in the US has already sh...
Wild swings in mortgage rates last week caused a rare surge in refinancing
An “Open House” sign at the Saratoga Homes Glendale Lakes community development in Arcola, Texas, on Tuesday, July 12, 2022. Mark Felix | Bloomberg | Getty Images After dropping at the end...
Cooper Standard Retains Goldman Sachs as Financial Advisor to Assist with Refinancing its Capital Structure
NORTHVILLE, Mich. –News Direct– Cooper Standard Holdings Inc. Cooper-Standard Holdings Inc. (NYSE: CPS) (the “Company”) announced today that it has retained Goldman Sachs & Co. LLC as ...
Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?
I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...