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SAN MATEO, Calif., Aug. 28, 2018 (GLOBE NEWSWIRE) — Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 2.87% senior fixed rate notes due August 28, 2018, which had an outstanding principal balance.
Press Release: Franklin Universal Trust Refinances Senior Fixed Rate Notes; FEMA assistance: What it covers, how to apply; Mortgage Rates in Florida: What You Need to Know – New Florida Mortgage; mortgage; Categories. Florida FHA Loan Locations; Florida FHA Loan News; Archives. August 2019; July 2019
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Mortgage rates fell to their lowest levels in more than a week today, following the release. Treasury notes were slightly higher today compared to mortgage rates and 10yr Treasuries which were.
San Mateo, CA, August 28, 2018 — Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 2.87% senior fixed rate notes due August 28, 2018, which had an outstanding principal balance of $60 million.
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Our Senior Notes were issued in two series: (1) $250.0 million of 9.25% senior notes due 2015 (the “Senior Fixed Rate Notes”); and (2) 0.0 million of 9.625%/10.375% senior toggle notes due 2015 (the “Senior Toggle Rate Notes” and together with the Senior Fixed Rate Notes, the “Senior Notes”).
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Most lenders continue quoting conventional 30yr fixed rates in a range from 4.0 to 4.125. there’s NEVER anything wrong with locking to guarantee your rate/lender credit. " -Ted Rood, Senior.