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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…

Do you need an assessment to refinance a mortgage?

A home appraisal can ensure that a homeowner pays what the home is currently worth. (iStock)Before you refinance your mortgage, you will understand all the steps involved. Like you need to get one assessment for refinancing? If in doubt, then you're in the right place - after all, refinancing your mortgage does not have to be complicated.With Credible you can streamline refinancing. That online marketplace offers free tools so you can compare loan types, including refinancing rates, requirements and other fees involved.If you want to refinance your mortgage, here's what you need to know, especially if you need an appraisal…

Biden to order review of critical US supply chains

Biden to order review of critical US supply chains

President Joe Biden will issue an executive order requiring the government to review critical supply chains, in an effort to ensure that the US is not too reliant on other countries, including China, for technology and materials.Three people familiar with the order, including one senior US official, said it would demand that government agencies make a broad examination of US supply chains. It would require them to examine procurement, in addition to critical technologies and materials in private-sector supply chains.The move follows a pledge Mr Biden made during the presidential race to address both the vulnerabilities in US medical-related supply…

Chinese language warplanes simulated attacking US service close to Taiwan

Chinese warplanes simulated attacking US carrier near Taiwan

Chinese language navy plane simulated missile assaults on a US plane service throughout an incursion into Taiwan’s air defence zone three days after Joe Biden’s inauguration, based on intelligence from the US and its allies.The Folks’s Liberation Military despatched 11 plane into the south-western nook of Taiwan’s air defence zone on January 23, and 15 plane into the identical space the following day, based on Taiwan’s defence ministry. Folks conversant in intelligence stated the bombers and a number of the fighter plane concerned had been conducting an train that used the USS Theodore Roosevelt service strike group. One individual conversant…

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