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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…

Air Charter Service predicts Private Jet Travel’s prospects for 2021

With concerns about social distance causing most of the public to continue to avoid traveling by commercial plane as the new year begins, more and more travelers are beginning to explore the possibilities of flying via private aircraft.Even while most placed travel plans on hold in 2020, travel consultants noticed a significantly increased interest from their clients in flying privately. While demand in most segments of the travel industry reached the bottom, private jet charters saw huge increases. Air Charter Service (ACS), the world's largest airline charter broker, reported a 49 percent increase in leisure inquiries and a 14 percent…

Aero mixes private and first class in new flights from LA to Aspen – Robb report

A take-off airline will start flying from Los Angeles to Aspen in February to test fly its unusual business model, a hybrid between a private jet and first-class seating in a commercial airline. Aero, launched in Europe last summer, said one-way tickets to Aspen start at $ 990 and clients depart from private terminals at Van Nuys Airport and Aspen. The Aeros Embraer ERJ135 was originally designed as a regional commercial jet with room for up to 48 passengers and has only 16 seats to enhance the personal space. With a dark black exterior, it is also one of the…

Read this before booking your first private jet charter flight

Like private jet travel rebounds to more than 80% of pre-COVID-19 levels, it does so based on the strength of you, the first private flyer. From large fleet operators to boutique brokers, pretty much everyone reports an increase in new to market flyers. Primary causes include minimizing potential COVID-19 exposure and missing flight plans. Whatever your reason is, this is a follow up on “13 Differences between a private jet charter and the purchase of a plane ticket.“Specifically, I will cover what you need to know before you start researching your first private flight. What is the best way to…

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