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Russian Property Developer PIK Gets $262 Million Loan From VEB (Bloomberg)
Dec. 1 (Bloomberg) -- PIK Group , Russia’s second-biggest property developer, received a $262 million loan from state development bank Vnesheconombank to refinance foreign debt.
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Home loan firms not to cut rates (Business Standard India)
Say cost of funds too high to lower lending rates. A slew of measures by the Reserve Bank of India (RBI) during the last few weeks may have led to a reduction in home loan rates by public sector banks, but housing financial companies (HFCs) are in no mood to reduce lending rates.
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Some buyers may see higher loan rates (Boston Herald)
Anyone looking to buy or refinance a relatively costly Greater Boston home should move quickly if they want to avoid higher mortgage rates. That's because federal...
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Tata Offers Depositors 11% to Fund Jaguar Purchase (Update1) (Bloomberg)
Dec. 1 (Bloomberg) -- Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June.
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Student debt levels portend rising loan default rates (The Indianapolis Star)
Not long ago, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off their student loans.
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Family refinances into fixed-rate loan (Bankrate.com via Yahoo! Finance)
This couple made some moves to free up cash, which enabled them to shed their dreadful option ARM.
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Tata Motors to borrow at 11% to fund JLR buy (The Times of India)
Tata Motors Ltd, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June.
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Avoiding your own mortgage collapse (The News Journal)
It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.
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Reloading Another Rebound (Forbes)
After the market consolidates last week's gains, we could get a little lift heading toward the end of the year.
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Is Now A Good Time To Refinance Your Mortgage? (CBS 11 Dallas - Fort Worth)
There has been a run on refinancing requests in the wake of Tuesday's sudden drop in interest rates. Loan officers say they have received a lot of requests from homeowners, looking to refinance. But before homeowners sign the papers, they will want to make sure they can really benefit from the lower rates.
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