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Mortgage rates are still incredibly low – but beware of the refinancing trap.

If you took one mortgage as recently as a year or two ago there's a good chance you cracked a Budweiser to celebrate your incredible interest rate. Fast forward to today, and home loans are even cheaper. At the time of writing, the average interest rates on a 30-year mortgage in the area are below 3%, something that seemed unthinkable even a decade ago. If you are like many homeowners, this may make you wonder: Should I refinance my mortgage now? While trading in your existing home loan for one with lower interest rates may seem like an easy call,…

NetJets invests in WasteFuel, commits to buy 100 million gallons of sustainable aviation in the next decade

COLUMBUS, OH, 04 Feb 2021 (GLOBE NEWSWIRE) - NetJets announces today that it has made a significant investment in WasteFuel, a next generation of waste for fuel business aimed at converting landfill waste into sustainable aviation fuel (SAF), making it the first private airline to buy a stake in the production of sustainable aviation fuel. NetJets will also buy at least 100 million liters of WasteFuel's SAF over the next ten years. NetJets and WasteFuel are in the early stages of developing a facility in Manila, Philippines, which is expected to be operational in 2025 in partnership with leading infrastructure…

Clive Palmer’s Mineralogy is suing a private carrier for $ 624,000

PremiAir sent five invoices to Mineralogy for work on the aircraft, totaling $ 586,760.08, between July and October last year.Mineralogy paid $ 624,879.25 for the work over six transactions. The difference between the invoiced amount and the amount paid was not explained in the documents."At all significant times, Mineralogy did not own the aircraft," the mining company claims in court documents.“The work was not approved by Mineralogy or by any person on behalf of Mineralogy.Sir. Palms pictured on the steps of another private plane in 2013.Credit:Jason South"Mineralogy paid PremiAir amounts in proportion to the invoices in the erroneous view that…

Advantages and disadvantages of refinancing a mortgage on a mortgage

Like any economic movement, it has an advantage and disadvantages of making a payout financing. Here's what you need to know before you get started. (iStock)If you've been following the news recently, you know that mortgage rates are at historically low levels in the coronavirus pandemic. Typically, when mortgage rates are low, borrowers refinance to lower their monthly payments. But with a mortgage payment, it is also possible to use the capital you have built up in your home to cover a large expense.You can visit an online marketplace as Credible to see current refinancing rates and get cash out…

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