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Do you need to refinance your mortgage before retirement?

Interest rates are at record lows. How to tell if refinancing is the right choice for you when you are close to retirement. (iStock)As the coronavirus pandemic continues to test the U.S. economy, the Federal Reserve has done so reduced mortgage rates to record highs to encourage as many borrowers as possible to invest in the housing market. Depending on the details of your financial situation, this may be a good time for you to take your retirement plan a step further and keep that in mind. access these low interest rates by refinancing the mortgage (which may lead to…

You can charter the same private Jet Joe Biden train for his inauguration

When President Joseph Biden went to Washington DC yesterday on the eve of his inauguration, he did not take Amtrak, his preferred way to get to the country's capital, and he was not on a government-operated plane. According to various reports, the train was nixed due to security issues and the latter was not offered by the outgoing Trump administration. That meant Biden had to charter a private jet, and if you want to touch on a piece of history, you can charter the same plane. Tail number N834BZ is one of two Boeing Business Jets managed by Jet Edge,…

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…

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…

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