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Despite economic uncertainty, private aviation leaders are positive about the industry's long-term prospects. With permission from Flexjet Text size While economic uncertainty may have an impact on the future of the private jet industry in the short term, industry insiders are bullish on the long-term...
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How much can you save by refinancing your mortgage?

Pledge rates are on record low, so it is not surprising that refinancing applications have been submitted in large quantities by 2020. On August 6, Freddie Mac data showed 30-year-olds mortgage rates had reached a very low level of 2.88%. And according to the Mortgage Bankers Association, refinancing applications are 84% higher than they were at this point last year.With that in mind, if you haven’t pulled the trigger on refinancing yet, here’s an overview of how to determine how much you can save on refinancing.How much could you save?This is a more complicated question than it may seem. Many…

Refinance your mortgage before this new fee takes effect

If you want to save the most money on your refinancing, start the loan process now. (iStock)If you wish to save money by refinancing your home - then it's time.There are plenty of reasons to refinance, but avoiding an inbound Fannie Mae and Freddie Mac refinancing fee is now at the top of the list. The mortgage companies are starting to charge one Unfavorable market refinancing fee on December 1, 2020. The new fee, originally scheduled to begin on September 1, adds a 0.5% fee to all refinancing loans. The 5% fee is equal to 50 basis points.If you are…

This is how the new mortgage refinancing fee affects you

FHFA's new unfavorable market fee is now in force. Here's what it means for those trying to take advantage of the record low refinancing rates. (iStock)Coronavirus had a profound impact on US finances. The Bureau of Labor Statistics estimates that over 11 million people are still unemployed. Given these numbers, the Fed has done so reduced interest rates several times in an attempt to stimulate the economy, which has led to one boom in mortgages requests.If you are considering refinancing your mortgage right now, be sure to take the time to compare loan rates and mortgage lenders to make sure…

Coronavirus latest: New weekly infections in US fall below 1m for a 3-month low

Coronavirus latest: New weekly infections in US fall below 1m for a 3-month low

Peter Wells in New York California's coronavirus hospitalisations fell below 15,000 for the first time since mid-December and are projected to drop by more than half over the next month. The number of people currently in California hospitals dropped to 14,999, according to data reported by the state health department on Tuesday. It was the first time below the 15,000 level since numbers reported on December 14. Mark Ghaly, California's health and human services secretary, at his regular press conference on Tuesday said hospitalisations were currently at 14,221, probably reflecting more up-to-date data. Dr Ghaly said that based on current…

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