Important news before you travel:
If you are in the United States you should be aware of certain Travel Advisories which are given to citizens who choose to travel abroad. These advisories can affect you and may even change your travel plans. So before you go to the airport you should always check to see if your destination country is on the List of the United States Government Travel Advisories.
For more information: Check out the link below which will send you to the US Governments official website.
YOUR PERFECT ENGLAND VACATION
Going to England as a vacation will be something you will always remember and will be a part of you the rest of your life. There is so much history and so much to do in England that thousands of pages could not...read more
WHY YOU SHOULD GO
TO GREECE THIS SUMMER
The Every year visitors millions of visitors go to Greece to spend time at the country's beaustiful beaches and reliable sunny summer weather, its nightlife, historical sites and natural beauty which is...read more
GOING TO NEW YORK'S JFK AIRPORT?
JFK international airport is located 15 miles by highway from midtown Manhattan. JFK’s terminals, parking lots and hotels operate 24 hours a day, 365 days a year and cover more than 880 acres.
If you choose to enter the terminal with the passenger, please be aware that only ticketed passengers will be allowed past the security checkpoint. However, you may enjoy any of the areas before security. As an alternative, you may drop off your passengers at the Kiss and Fly located at the Lefferts Boulevard AirTrain Station where they can ride AirTrain free of charge to their terminal in just 10 minutes.
Electric Vehicle Charging
Air travelers who own electric vehicles can charge them at Kennedy International....read more
A VISIT TO STOCKHOLM
Stockholm is the capital and largest city of Sweden, with nearly 2 million inhabitants within its vicinities. Stockholm is not the oldest town in Sweden. As Sigtuna, Sweden's first capital, was sacked by pirates in 1187, the Swedes built up fortresses along the...read more
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TOP 5 REASONS TO REFINANCE YOUR MORTGAGE
There are so many reasons why most people refinance their loans. Here are the Top-5 reasons why they do and why you should too:
1. Lower the monthly payment. You can lower your monthly expense by stretching out your mortgage repayment over a longer term and / or by dropping your interest rate. If that’s your goal, investigate 40-year mortgages, interest-only payments and adjustable-rate mortgages (ARMs). Each of these mortgages comes with trade-offs, so get additional refinance information about their pros and cons before proceeding.
2. Lower the interest rate. Refinancing to a home loan with a lower mortgage rate can reduce your monthly payment and the amount of interest you pay. If you plan to keep your home for many years, consider 15- or 30-year fixed home loans; otherwise, you'll find that ARMs and hybrid ARMs, which are fixed for 3-10 years before they begin adjusting, carry the lowest mortgage rates.
3. Pay the mortgage off faster. Switching to a 15-year mortgage gets you a couple of advantages. Mortgage rates on 15-year loans are about half a percent lower than rates on 30-year fixed-rate loans. Your home equity goes up and your interest expense goes down. The trade-off is that your mortgage payment is higher; make sure you can afford it before committing to this loan.
4. Convert an ARM to a fixed-rate mortgage. If you plan to keep your home for a long time, taking a fixed loan with a higher rate than your current ARM may make sense in the long run. It keeps you safe from inflation and makes budgeting easier. In this case, 15-year and 30-year fixed mortgages are the most appropriate.
5. Trade home equity for cash. If you want cash to renovate your home, pay college tuition, consolidate debt, or for any other reason, cash-out refinances and home equity loans were made for you. Use the home equity loan if you like the mortgage you have, and the cash-out refi if you don’t.
you might be able to improve the terms of your mortgage by refinancing, and it isn’t that hard to do. If you’re considering taking advantage of lower rates, swapping a fixed-rate mortgage for your adjustable loan (or vice versa) or cashing out some of your home equity, these five steps can help you navigate the refinance process.
Determine if you should refinance. Refinancing is one of those things that shouldn’t necessarily do just because you can. Your decision depends on your objective, your timeframe, and your profile. First, you need to know what you’re dealing with - your current rate, program and payoff. Then use a refinance calculator to see how your loan stacks up against refinance mortgages
Find a lender. There are several ways to find mortgage lenders. The old-school way is to get out the yellow pages and start dialing. A more efficient method is to get quotes from lenders online, then interview two or three of the most competitive. You’ll want to be comfortable with the person who helps you choose and apply for your mortgage refinance.
Choose a refinance program. Chances are good that more than one refinance program will work for you.a The 15-year fixed loans accelerate your payoff and come with lower rates but higher payments than 30-year loans. 30-year fixed rate mortgages are safe and make budgeting the easiest. And hybrid ARMs come with the lowest rates, which arae fixed for 3, 5, 7 or 10 years. In addition, homeowners with little equity may want to explore government refinance mortgages and streamline refinance programs.
Apply for your refinance. You’ll have to complete an application with a mortgage loan officer or broker and probably document your income and assets. Unless your refinance is a streamline program, your home will be appraised. This is where it pays to have an experienced professional working with you to get your refinance approved - good ones head off most of the eleventh-hour surprises and help you close your loan smoothly.
Lock in your refinance rate. Mortgage rates move with financial markets and can change several times a day. If you want to lock in a target rate, you may have to move quickly.