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Red flag raised over possible link between private jet use and passport issuance

Civil aviation officials confirmed Thursday that a presidential flight to the Seychelles took place in August 2015, but could not say whether President Nicos Anastasiades himself was on board - with the case linked to speculation about Anastasiades' ties to a Saudi businessman granted Cypriot citizenship same year. Speech in Parliament, officials were asked about an August 3, 2015 flight departure from Larnaca airport at. 7 and on the way to the Seychelles. According to logs, the flight was designated the '1' code assigned to a presidential flight or to the head of state. The Boeing 767-200's registration code was…

Your mortgage financing can cost thousands more thanks to the new fee

Getty Refinancing is expected to become more expensive in the fall. A new fee, known as the "unfavorable market refinancing fee" (Fannie Mae) or the "market-related credit fee" (Freddie Mac), will be assessed on most refinancing loans sold to Fannie Mae and Freddie Mac, from September 1st. The fee is a flat 0.5% or 50 basis points of the total loan amount and adds hundreds or even thousands of dollars to the cost of refinancing. The new fee comes at a time when mortgage rates are falling to record lows and refinancing activity is increasing. Refinancing activity last week increased…

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…

How to refinance your mortgage without closing the costs

Three important ways to reduce closing costs - even to zero. (iStock)With record lending refinancing rates, the refinancing activity for mortgages is high. There are many reasons to refinance right now, but do not forget it means taking out a brand new loan - and refinancing fees. In the excitement of mortgages refinance savings, many borrowers fails to take into account the total borrowing costsincluding payment for the closure.To really maximize savings on one refinancing of mortgage, it is important to understand how to refinance your mortgage without closing the cost. Here are some ways to get a mortgage without…

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