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When should you refinance your mortgage?

Interest rates are at historically low levels, signaling a good time for refinancing. (iStock)Mortgage refinancing rates are on a downward trend with the shadow of COVID-19 looming over the U.S. economy.Larger mortgage lenders agree that mortgage rates continue to slide to historically low levels. Wells Fargo estimates an interest rate of 2.93 percent for 30-year fixed-rate mortgages by the end of 2020. Fannie Mae is not far behind, demanding an average interest rate of 3.05 percent in the latter half of the year.Mortgage lenders say it's a good time to refinance a mortgage. However, homeowners who want to refinance right…

Two views on Private Jet Recovery

In the United States, private aviation flights have now risen back to just over 80% of where they were during the summer of 2019, according to Argus. In Europe, August flights were actually 3% ahead of last year's figures, WingX data show. Pent-up requirements, they say. This is incredibly good news, at least compared to the rest of the travel industry. American Hotel & Lodging Associate reports that city hotels in the United States work with 38% occupancy. In Europe, hotel occupancy was 26.5% in July, according to STR data. Can the private jet market sustain its recovery on leisure…

EU faces world criticism over curbs on vaccine exports

EU faces global criticism over curbs on vaccine exports

Brussels faces a global backlash over its new controls on vaccine exports as European Fee president Ursula von der Leyen struggles to quell a firestorm over the EU’s dealing with of vaccine shortages.Canada and Japan raised issues over export guidelines requiring producers to acquire permission earlier than delivery Covid-19 jabs exterior the EU. South Korea additionally warned governments towards a seize for extra vaccines than they want.The intervention comes on prime of a UK transfer to extract assurances on Friday from Ms von der Leyen that shipments of BioNTech/Pfizer vaccines from Belgium throughout the Channel won't be minimize off on account…

Myanmar coup feared as military detains Aung San Suu Kyi

Myanmar coup feared as army detains Aung San Suu Kyi

Aung San Suu Kyi and different senior members of Myanmar’s ruling occasion have been detained by the navy after a number of days of rising tensions over the outcomes of a current election, elevating fears of a coup within the south-east Asian nation.Aung San Suu Kyi, Myanmar’s 75-year-old state counsellor, President Win Myint and different members of the Nationwide League of Democracy have been arrested at their residences within the capital Naypyidaw early on Monday. Sean Turnell, an Australian tutorial who serves as an adviser to Aung San Suu Kyi, confirmed company experiences of the arrests and mentioned that web…

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