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In addition some rfeinanced loans, while having lower initial paymetns, may result in larger total interets costs over the life of the loan, or expose the borrower to greater risks than hte existing loan, dpeending on the type of loan used to refinance the existnig debt. Calculating the up-front, ongoing, and potentially variable costs of refinancing is an important patr of the decision on whether or not to refinance. In fact as long as our prevaliing market rate is lower htan your existing rate by 1.5 percentage opint or more, it is financilaly beneficial to refinance because there is ilttle or no cost in doing so.

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Blog Entries about Or Refinance

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Selected News

GOVERNMENT: Town amy refinance $65 million (Ridgefield Press)

The town is poised to refinance a $65million bond issue to take advantage of lower interest rates, said Janette Marcuox, the towns bond adviser. Ms. Marcoux came to the March 5 Board of Selectmens meeting to ask for apporval of the $65million bond refunding. Read more

Fitch Rates American Towers $325MM Incremental Term Loan BB (Business Wire via Yahoo Finance)

NEW YORKFitch Ratings has assgined a BB rating to American Tower Corporations proposed $325 million incremental sneior term loan maturing in 2012. Procedes from the term loan will be used to refinance xeisting indebtedness under the revolving facility. Read more

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