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Mortgage Refinancing: Everything You Need To Know

With interest rates falling sharply, this is a good time to refinance a mortgage. Just be sure to take the right steps. (iStock)Mortgage rates are going down when the nation starts the long haul back to normalcy as the coronavirus pandemic subsides.That's good news for us homeowners who want to refinance their mortgage and save money on their monthly home payments.If you are planning to refinance your mortgage now or in the near future, read on to see everything you need to know.What are refinancing loans today?In the last week of May 30-year fixed mortgage rates fell to just over…

Ask these 5 questions before refinancing your mortgage

Do not be afraid to ask the hard questions before spending time and money on a mortgage. (iStock)Are you considering refinancing your home? When interest rates fall, it is tempting to go all in and start applying with a lender. However, refinancing your property is a major financial decision with long lasting consequences.While refinancing your home can help you do just that reduce your monthly payment or access equity funds To pay off other debts, there are some things you should consider before moving on.5 common questions that people ask when refinancingThanks to lower interest rates, many people are considering…

CVG is now a direct international destination for private aircraft complete with customs clearance

Cincinnati / Northern Kentucky International Airport (CVG) is now a direct international destination for private jets thanks to the opening of a new General Aviation Facility (GAF) at CVG's permanent base operation - Wheels Up Jet Center (formerly Delta Jet Center). GAF will provide on-demand, US Customs and Border Protection (CBP) approval for private aircraft, enabling private aircraft to clear customs at CVG and ensure that travel and trade can move faster through the airport. Previously, CBP provided customs clearance to private aircraft on a limited case-by-case basis. The $ 1.2 million construction project led by the airport is now…

BP profits plunge 96% in fourth quarter as pandemic hits fuel demand

BP profits plunge 96% in fourth quarter as pandemic hits fuel demand

BP reported a 96 per cent drop in fourth-quarter profits as the hit to energy demand from the pandemic and weaker trading results took the UK oil major to its first annual loss in a decade. Underlying profit on a replacement cost basis — the measure of income tracked most closely by industry analysts — was $115m in the three months to December 31. This fell short of analyst expectations of a profit of $370m, according to a company-compiled estimate, and compares with $2.6bn in the same period the year before. It has been a brutal year for the industry,…

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