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Loans in indulgence that can now be refinanced – why you need to act fast

New rules shorten the waiting time for refi and get lower prices after indulgence. (iStock)Borrowers who recently took advantage of indulgence plans will not be penalized when it comes to getting a better interest rate or even buying a new home.If you took one severity due to the coronavirus crisis and suspended your mortgage payments, you are still entitled to refinance your mortgage this year, according to a recent announcement from the Federal Housing Finance Agency (FHFA).Here's everything you need to know about refinancing your mortgage loan (while mortgage rates are at record highs).New rules allow borrowers in indulgence 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,…

Two Texas real estate agents who flew to DC in a private jet and ‘stormed the Capitol’ are charged

Two more Texas real estate agents have been arrested for storming the US Capitol Building after flying into Washington DC with a private jet. Jason Lee Hyland, 37, and Katherine 'Katie' Schwab, 32, were charged on Thursday with disorderly conduct and knowingly entering or staying in a restricted building without lawful authority. The Daily Beast reports. The charges come two weeks after another member of their private jet - 50-year-old Jennifer 'Jenna' Ryan - was also arrested with the same offenses. Ryan documented the group's extravagant trip to DC and shared photos for social media inside the lavish private jet.…

How much equity do you need to refinance your mortgage?

Take the time to run the numbers before you start applying for a home refinance.As states continue to make tough decisions about reopening the economy, many homeowners are considering taking advantage of lower interest rates with a mortgage refinance. Mortgage rates hit another historic low with 30-year fixed-rate loans averaging 2.98 percent and 15-year fixed-rate loans averaging 2.48 percent, according to Freddie Mac.Interest rates have been steadily declining since then Federal Reserve made speed reductions in March in response to the coronavirus pandemic.Since interest rates are so low, it may be a good time for you to consider refinancing your…

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