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Now is a good time to refinance your mortgage

Now is a good time to refinance your home. getty Updated August 30 with more information on loan delivery to Freddie Mac and Fannie Mae. Two weeks ago, both Freddie Mac and Fannie Mae FNMA announced one new fee for refinancing mortgages 0.5%. The new fee was scheduled to start on September 1, 2020. However, Fannie Mae and Freddie Mac yesterday both announced that the new fee will be delayed and will now apply to loans delivered on or after December 1, 2020. This gives home buyers an additional three months to refinance their mortgage without having to pay this…

Life insurance sales are moving online, complexity keeps agents in play – InsuranceNewsNet

MINNEAPOLIS - A recent study out of over 100 health / life insurance experts found that 59% of professionals in the industry believe that there is a big step online for consumers in the insurance purchase process for personal products such as life, health and property and casualty insurance. Only 27% said the move was important to companies. The industry believes that consumers are in the middle of a digital first step, while business owners / employers are slower to take turns. Society of Insurance Research (SIR), a private, non-partisan, non-profit group for insurance researchers to link and collaborate with…

Biden administration says Trump’s China commerce deal ‘underneath evaluate’

Biden administration says Trump’s China trade deal ‘under review’

The Biden administration will put the commerce deal struck with China underneath Donald Trump “underneath evaluate” because the broader US relationship with Beijing is assessed, the White Home stated on Friday. The “part 1” commerce deal signed in early 2020 paused a quickly escalating commerce struggle between Washington and Beijing that had rattled world markets and led to tariffs of billions of {dollars} on traded items. Underneath the phrases of the deal, which is broadly thought-about to be restricted in scope, China promised to considerably increase its buying of US merchandise similar to soyabeans and vitality merchandise.Nonetheless, China has additionally struggled to…

Loans in indulgence that can now be refinanced – why you need to act fast

New rules shorten the waiting time for refi and get lower prices after indulgence. (iStock)Borrowers who recently took advantage of indulgence plans will not be penalized when it comes to getting a better interest rate or even buying a new home.If you took one severity due to the coronavirus crisis and suspended your mortgage payments, you are still entitled to refinance your mortgage this year, according to a recent announcement from the Federal Housing Finance Agency (FHFA).Here's everything you need to know about refinancing your mortgage loan (while mortgage rates are at record highs).New rules allow borrowers in indulgence to…

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