Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable
December 3, 2010 by
Filed under mortgage rates
Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA+’ rating to the following State of Nevada general obligation (Limited Tax) (GO LT) bonds: –$95.12 million capital improvement and refunding bonds series 2010C; –$18.1 million natural resources and refunding bonds series 2010D; –$34.325 million open space, parks and cultural resources [...]
Pump up your interest: Find best rates, try bonds to get more bang out of bucks
October 20, 2010 by
Filed under mortgage rates
Pump up your interest: Find best rates, try bonds to get more bang out of bucks
The record-low interest rates across the country today may be good news for debtors, but they’re really bad news for savers.
Read more on Detroit News
Vranos’s IPO Raises $101 Million to Buy Subprime Mortgage Bonds
October 11, 2010 by
Filed under mortgage loans
Vranos’s IPO Raises $101 Million to Buy Subprime Mortgage Bonds
Ellington Financial LLC, the mortgage-backed bond fund run by Michael Vranos, raised $101 million in its second attempt at an initial public offering after four U.S. IPOs this week were postponed or delayed.
Read more on BusinessWeek
Old Saybrook refinances bonds for big savings
October 10, 2010 by
Filed under mortgage refinance
Old Saybrook refinances bonds for big savings
Old Saybrook – The town has refinanced $9.4 million worth of bonds, saving itself $827,000 in interest payments, Treasurer Bob Fish said. “It’s like if you took out a mortgage on your…
Read more on Harbor News
Mortgage Bonds Slump in U.S. as Policy Concern Trumps Analysis
October 2, 2010 by
Filed under mortgage rates
Mortgage Bonds Slump in U.S. as Policy Concern Trumps Analysis
Securities guaranteed by government-supported Fannie Mae , Freddie Mac or federal agency Ginnie Mae returned 54 basis points, or 0.54 percentage point, less than U.S. debt this month, Barclays Capital index data show. It’s the worst relative performance since November 2008.
Read more on Bloomberg
Mortgage Bonds Slumping Amid Concern of `Mega-Refi’ Wave: Credit Markets
August 17, 2010 by
Filed under mortgage refinance
Mortgage Bonds Slumping Amid Concern of `Mega-Refi’ Wave: Credit Markets
Government-backed mortgage bonds are underperforming Treasuries by the most this year, after reaching record high prices, amid concern refinancing will accelerate.
Read more on Bloomberg
Bank Bonds Lure TCW as Stocks Tumble, P&G Sells: Credit Markets
February 2, 2010 by
Filed under mortgage refinance
Bank Bonds Lure TCW as Stocks Tumble, P&G Sells: Credit Markets
Feb. 2 (Bloomberg) — President Barack Obama’s proposals to limit the size of U.S. banks helped wipe out $430 billion of financial companies’ stock market value and also made their bonds irresistible to some of the nation’s biggest investors.
Read more on Bloomberg
Mortgage Broker Bond – All About Mortgage Bonds and Mortgage Rates
January 25, 2010 by
Filed under mortgage rates
Mortgage bonds are among the largest types of bonds that are offered by financial institutions in the market today. Because of this, any changes in the economic market has a direct effect on the value of mortgage bonds which then influences the various mortgage rates that are applied on a mortgage taken out by a [...]