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Is It Time To Refinance?
The bailout of Freddie Mac and Fannie Mae has many homeowners thinking about whether it is time to refinance. SmartMoney.com's Stephanie Auwerter gives advice to Maggie Rodriguez.

Hong Kong's Mortgage War Claims Citibank as First Victim.
Evening Standard, London Knight Ridder/Tribune Business News Dec. 5--HSBC and Standard Chartered are braced to come under further pressure in the once-lucrative Hong Kong mortgage market, whose troubles have been highlighted by the virtual withdrawal of leading player Citibank. Citibank is the

Publication: Knight Ridder/Tribune Business News

S&P Raises Citibank N.A. Mortgage Certificates Series 1994-C2 Ratings.
NEW YORK, July 27 /PRNewswire/ -- Standard & Poor's today raised its ratings on Citibank N.A.'s commercial mortgage pass-through certificates series 1994-C2. The raised ratings reflect the continuing and sustained improvement in the financial performance of Union Station, the collateral for the

Publication: PR Newswire

CITIBANK RAISES ITS PRIME RATE - New York Times
LEAD: Citibank raised its prime lending rate to 7 3/4 percent from 7 1/2 percent yesterday, the first increase by a major bank since June 1984. Citibank raised its prime lending rate to 7 3/4 percent from 7 1/2 percent yesterday, the first increase by a major bank since June 1984. The move was

Publication: The New York Times

CITIBANK, CHASE RAISE PRIME RATE/TO 7.75 PERCENT
NEW YORK - Two of the nation's biggest banks raised their prime lending rates a quarter point to 7.75 percent Tuesday, the first increase in the benchmark rate in more than 2 1/2 years and a possible signal of rises for a variety of short-term credit. The prime, which is used as a base to set

Publication: The Journal Record

Mortgage rates picking up steam // Area's refinancing boom runs into some sharp increases
Facing a flood of refinancing demand, some mortgage lenders have raised their rates sharply in the last few days. In the last week, Citibank Illinois - one of the city's largest lenders - has raised the rate on its 30-year loan to 8.5 percent from 8.125 percent. Other major lenders, including

Publication: Chicago Sun-Times

Market's Christmas surprise // But wait for mortgage rates to fall some more
Don't rush out to refinance your mortgage just yet, says interest-rate expert Bob Heady. But many homeowners didn't have to be told to sit tight Monday. Although mortgage rates are low now, they will get even lower in the future, said Heady, editor of the Bank Rate Monitor, a North Palm Beach,

Publication: Chicago Sun-Times