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How much equity do you need to refinance your mortgage?

Take the time to run the numbers before you start applying for a home refinance.As states continue to make tough decisions about reopening the economy, many homeowners are considering taking advantage of lower interest rates with a mortgage refinance. Mortgage rates hit another historic low with 30-year fixed-rate loans averaging 2.98 percent and 15-year fixed-rate loans averaging 2.48 percent, according to Freddie Mac.Interest rates have been steadily declining since then Federal Reserve made speed reductions in March in response to the coronavirus pandemic.Since interest rates are so low, it may be a good time for you to consider refinancing your…

Private jet companies fly for a reason

Wheels Ups first orange aircraft celebrating Feeding America's Hunger Action Month. Greetings from Wheels Up Text size Given the stratospheric costs associated with the private aviation industry, it is not surprising to hear of countless charitable partnerships and philanthropic efforts among private jet companies. But in the wake of a global pandemic that has changed the way people fly and shook the sector to its core, various private jet companies have expanded or calibrated their charitable efforts. In September, Wheel up, known for its blue and white color, unveiled its first orange plane, a Beechcraft King Air 350i aircraft created…

John Kerry took private flight to Iceland for environmental award, calling it ‘only choice for someone like me’

President Biden's recently appointed climate mazar, John Kerry, took a private jet to Iceland in 2019 to receive the Arctic Circle Award for climate Fox News has learned. Kerry defended his trip with high pollution at the time, calling it "the only choice for someone like me who travels the world to win this fight" in an interview obtained by Fox News. The incident had not previously been reported in the US press.Ólafur Ragnar Grímsson, who led the Arctic Circle Roundtable, criticized Kerry for traveling to the event via private jet, Icelandic outlet RUV reported.Kerry received the award, which took…

4 reasons why retirees need to refinance their mortgage right now

Before you refinance your home as a retiree, be sure to run the numbers. (iStock)As mortgage rates remain sitting record low, more choosing to refinance their current home loan to save money. These record lows, thanks to measures taken by the Federal Reserve as a precaution against the effects of the coronavirus pandemic, could potentially help homeowners save thousands of dollars. If you are retired and still owe money in your home, you may be wondering if refinancing is a smart financial move.Before you make any decisions, we have put together a list of four things you need to think…

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