LYCOS RETRIEVER 
Refinancing: Savings
built 619 days ago
Homeowners who are considering refinancing their home may have a wealth of options available to them. However, these same homeowners may find themselves feeling overwhelmed by this wealth of options. This process doesn’t have to be so difficult though. Homeowners can greatly assist themselves in the process by taking a few simple steps. First the homeowner should determine his refinancing goals. Next the homeowner should consult with a refinancing expert and finally the homeowner should be aware that refinancing is not always the best solution.
Source:
Understanding of the action of refinancing can be absolutely dazzling. Owners are because refinancing ability initially afflicted by a alternation of ameliorate programmes accessible to them. However, afterwards because some time to brainwash themselves about the process, they may acquisition that the action is not so serious, because they can able-bodied be imagined.
Source:
The major difficulty with open market purchases to effect a refinancing is that typically the market for bonds is "thin." This means that a relatively small percentage of an entire issue may be available on the market over any period of time. As a result, if a firm is intent on refinancing a bond issue, it almost always needs to resort to a call. This is why virtually every new bond that is issued contains a call provision. If an outstanding issue does not permit a call, another option available to the issuer is to seek tenders (offers to sell at a predetermined price) from current bond holders.
Source:
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to the proposed refinancing of certain indebtedness. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, factors relating to (i) uncertainties concerning the ability of the parties to enter into definitive agreements on mutually acceptable terms, (ii) the risk that the conditions to closing under such credit facilities may not be satisfied, and (iii) other risks identified in "Item 1A Risk Factors" section of Wheeling-Pittsburgh's Annual Report on Form 10-K for the year ended December 31, 2006 and other reports and filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent Wheeling-Pittsburgh's views only as of today and should not be relied upon as representing its views as of any subsequent dates. While Wheeling-Pittsburgh may elect to update forward- looking statements from time to time, it specifically disclaims any obligation to do so.
Source:
As part of its capital investment plan GCI will undertake a refinancing of its senior credit facility during the first half of 2008. GCI has posted a Company Update presentation with more details about its 2008 and five-year capital investment program, along with certain other financial information, on its website at http://www.gci.com.
Source:
Note: The break-even analysis only works if you are refinancing to save money. If you are refinancing to switch from an adjustable to a fixed or from a 30-yr. loan to a 15-yr. loan, it is much more difficult to perform a break-even analysis.
Source:
MORE ABOUT
Savings