When mortgage rates drop even one single percentage point, a refinance may help you see a noticeable difference in your monthly payment and total loan costs. https://t.co/heaCBKc0xr ...

Heard on the Street: Americans are jumping on opportunities to refinance and save money on their monthly mortgage payments. But what is the market going to make them pay for that privilege? https://t.co/TbhuOCAron ...

NFTfi just introduced their Cross-Protocol ReFi.TLDR:Borrowers can refinance their NFT loans from another protocol to their platform without fully repaying their loan and with 0% fees.This solves a problem that currently exists in NFT lending which is liquidity fragmentation across many different protocols (NFTfi, Gondi, Arcade, Blur etc) and high fees.In other words, it makes the market more efficient and loans cheaper for borrowers.And it could have a practical impact on the space when we think about the ...

Investment Strategy - Funds including Sona Asset Management, Apollo Global Management and Axebrook Capital are shorting the debt of Adler Pelzer Holding GmbH [1] - The shorting strategy is based on a bet that the auto-parts manufacturer will struggle to refinance its debt [1]

Sotheby’s is in talks with investors regarding a deal to refinance some of its existing debt, according to people familiar with the matter https://t.co/ckKhdFysYX ...

Turkey’s Vestel Elektronik is in talks with lenders to refinance some of its loans, as the home-appliance maker struggles with double-digit interest rates and high leverage https://t.co/8u1vSwwenK ...

Meanwhile, I want to get over to Diana Ol. She's got the weekly mortgage applications report. Good morning to you. >> Good morning, Andrea.Yeah, the refi boom we saw just a few weeks ago just went bust thanks to higher mortgage rates. The average rate on the 30-year fix for conforming loans increased last week to 6.46% from 6.34%. That's for loans with 20% down according to the Mortgage Bankers Association.Now, as a result, applications to refinance a home loan dropped 21% last week from the previous week. ...

Namibia’s Finance Ministry has appointed three domestic lenders to help it raise about $122 million to refinance a portion of its $750 million eurobond due next month https://t.co/IucvwaIxZs ...

Mortgage Rate Trends - The average rate on the 30-year fixed mortgage dropped to 634%, the lowest since September of last year [1][2] - Mortgage rates experienced volatility, initially falling to a three-year low before rising almost 25 basis points after the Federal Reserve cut rates [2] - A rise of 25 basis points can significantly impact the perceived savings and confidence in future rate decreases [2][5] Mortgage Demand - Overall mortgage demand stalled last week, despite falling interest rates [1] - Refinance demand increased by only 1% for the week, but was still 42% higher than the same week a year ago [2][3] - Mortgage applications to buy a home were essentially flat, up just 03% for the week, and up 18% from the same week a year ago [3] - Demand for adjustable-rate mortgages (ARMs) fell back again last week after a surge the week before [3] Borrower Behavior - Borrowers were seeking any type of savings on monthly payments, leading to initial interest in ARMs [3] - Significant savings, such as $1,000 per month on a large mortgage, could be achieved by switching from fixed rates (high sixes or 7%) to ARMs (well into the 5% range) [4][5] - Some believe the Federal Reserve will continue to cut rates, while others think the 10-year yield won't move much further [4]

I I'd like to pick up again on your thread here about housing. I I mean the ITB down about 5% in a week. >> Yeah.>> So maybe we're not quite there for this reignition point because of rates or or otherwise, but you also bought something else in the space. >> Yeah. QXO.>> And why. >> It's it's a well because >> used to be called Beacon. Yeah.>> Something. >> Why can I not remember. Beacon building something.>> Silver technologies. >> Okay. But it's >> so it they bought Beacon. They bought they bought Beacon ...