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Unemployment makes it harder to qualify for, refinance mortgage

Record increases in unemployment claims are creating major roadblocks for consumers who thought they would like to save money by catching a lower mortgage rate. Maybe you thought you might even refinance the mortgage to grab some cash now by taking out some capital built up as your home has grown? Maybe you look at your house like a piggy bank after losing a job during the coronavirus pandemic?It's a thought, but it's a strategy that is unlikely to work. "For people who are unemployed, it will be more difficult to qualify for a mortgage at this time," said Bill…

Japan says nuclear essential to hitting web zero aim by 2050

Japan says nuclear crucial to hitting net zero goal by 2050

Nuclear energy will likely be important if Japan is to achieve its aim of web zero carbon emissions by 2050, the nation’s vitality minister has informed the Monetary Occasions, saying that energy shortages this winter have helped to shift public debate over the sector.Heavy snowfalls that introduced Japan to the brink of energy cuts final month underlined the continued want for nuclear, stated Hiroshi Kajiyama, who's accountable for vitality in his position as minister for financial system, commerce and trade.The feedback mirror a dramatic shake-up in Japanese coverage because it shifts again to deal with lowering emissions after a decade…

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…

Private jets are included in new US COVID-19 test requirements

Last night announcement from the Centers for Disease Control and Prevention (CDC) about COVID-19 Test requirements for travelers arriving by plane to the United States also extends to you aboard private jets. However, this is not expected to be a major problem - as long as you can provide documentation. "We have been going through rules and restrictions and documentation requirements that change daily since the start, so this is not going to be any different," said a private aviation chief who asked not to be named. New requirements for testing COVID-19 for air passengers arriving in the United States…

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