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 ...

All right, the mortgage numbers just released after a volatile week for interest rates. Diana Olick is here. She's got more on that front.Diana, good morning. >> Good morning, Becky. Yeah, and you remember last week when we saw that massive 58% weekly surge in refinance demand.Mortgage demand stalled though last week, even though interest rates fell further. The average rate on the 30-year fix for conforming loans dropped to 6.34% from 6.39%. That's for loans with 20% down.But that's the lowest level since ...

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 ...

Market Trend & Analysis - A cut in interest rates could lead to mortgage refinancing, lowering monthly payments for individuals [1] - The banking system may experience increased revenue due to extended loan terms resulting from interest rate cuts [1] - Searches for "help with mortgage" have surpassed levels seen during the 2008 housing crisis, indicating potential financial strain [1] Potential Risks - The search query trend for "help with mortgage" may resemble a "memecoin chart that just rugged" in 4-6 months, suggesting a possible rapid decline or negative outcome [1]

VFS, a Switzerland-based provider of outsourced visa and consular services, is seeking to raise $2 billion-equivalent in term loans to refinance existing unitranche debt https://t.co/66REjXg2aJ ...

Logan and KWG plan to refinance a $1.05 billion private loan secured by a luxury residential project in Hong Kong as the distressed Chinese developers seek to lower borrowing costs https://t.co/plQIDLQhmX ...

Lufthansa is looking to refinance debt through the sale of €600 million in seven-year convertible bonds, giving a boost to Europe’s equity-linked market https://t.co/bCKaYZiBhh ...