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Your mortgage financing can cost thousands more thanks to the new fee

Getty Refinancing is expected to become more expensive in the fall. A new fee, known as the "unfavorable market refinancing fee" (Fannie Mae) or the "market-related credit fee" (Freddie Mac), will be assessed on most refinancing loans sold to Fannie Mae and Freddie Mac, from September 1st. The fee is a flat 0.5% or 50 basis points of the total loan amount and adds hundreds or even thousands of dollars to the cost of refinancing. The new fee comes at a time when mortgage rates are falling to record lows and refinancing activity is increasing. Refinancing activity last week increased…

This VIP Super Bowl package includes private jet and yacht charter – Robb Report

Although participating super Bowl LV in Tampa this weekend is probably out of the question for most football fans, you can still watch the Big Game in style thanks to this sumptuous VIP package by Magellan Jets and IYC. Designed for high rollers, the experience combines the excitement of the Super Bowl with a relaxing island getaway to ensure you and your teammates are both entertained and rejuvenated. Of course, it can also be tailored to meet the needs of each posses. First, one of the luxurious private jets from Magellan's fleet will take you and your friends to a…

Mortgage rates are new all-time low, but it may not be necessary to rush to refinance

Mortgage rates hit another record low, but there is no need to rush to refinance. Getty It was another record-breaking week for mortgage rates. According to the latest data from Freddie Mac, interest rates on 30-year loans fell again, reaching a new record level of only 3.15%. It is down from 3.25% last week and 3.99% a year ago. This is the third time this year that rates have hit record highs. The low rates have sent mortgage applications up - despite the financial uncertainty that COVID-19 has spurred. In fact, total mortgage applications rose 2.7% this week, while purchase…

Four Seasons reveals bucket list private jet travel for 2022

Along with the arrival of its new 48-seater aircraft, Four Seasons has announced incredible worldwide travel plans for its Private Jet Experience in 2022. Rose Dykins reports As private jet travel gaining momentum under Covid-19, Four Seasons has launched a new series of private jet travel between its global properties in 2022. That Four Seasons Private Jet Experience offers a variety of itineraries where guests fly between the brand's five-star hotels around the world and enjoy memorable experiences at each destination. The company's new private jet - an Airbus A321neo-LR aircraft - takes its first flight this year. Adapted based…

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