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Refinancing your mortgage will cost more thanks to an ‘adverse market’ fee – CNBC

Homeowners who refinance their mortgage may end up paying a higher interest rate. This is because lenders may pass on some of the costs incurred from an “adverse market” fee that they will soon have to start paying on certain loans sold to Fannie Mae and Fred…

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If you’ve thought about refinancing your mortgage, be aware that it may soon be a more expensive proposition.
Due to a 0.5% “adverse market” fee, effective Dec. 1 and imposed on lenders by mortgage backers Fannie Mae and Freddie Mac, many homeowners are expected to absorb at least some of the cost when they refinance (certain refis are exempt, including those for loan balances below $125,000).
“If you assume it takes two months to close…

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US is nearing ‘rapid acceleration’ of Covid-19 cases, expert warns, as daily infections top 60,000 – CNN

A leading health expert says US Covid-19 cases will begin to rapidly accelerate in a week as the country topped 60,000 new infections Tuesday — triple what the…

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(CNN)A leading health expert says US Covid-19 cases will begin to rapidly accelerate in a week as the country topped 60,000 new infections Tuesday — triple what the daily average was back in June, when restrictions had begun to ease.
The prediction comes after several state leaders reimposed some measures to help curb the spread of the virus, fueled by small gatherings increasingly moving indoors with the colder weather, as well as other factors such as college and school reopenings. The national…

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GMC Hummer EV vs Tesla Cybertruck vs Rivian R1T: price and specs comparison – Teslarati

Legacy automaker General Motors recently unveiled the Hummer EV, a monster of a vehicle that will be pitted against other all-electric trucks like the Tesla Cybertruck…

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Legacy automaker General Motors recently unveiled the Hummer EV, a monster of a vehicle that will be pitted against other all-electric trucks like the Tesla Cybertruck and the Rivian R1T. The Hummer EV isnt just another rival in the sustainable pickup truck market. The rivalry between the GMC Hummer EV, the Tesla Cybertruck, and the Rivian R1T also represents the battle between legacy automakers and new kinds of auto manufacturers. 
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GM seems to have gone a different route when deciding the…

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Amazon says it will allow employees to work from home till June – Fox Business

Amazon will let corporate employees work from home through June 2021 amid the coronavirus pandemic, according to multiple reports.

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Amazon says it will let corporate employees work from home through June 2021 amid the coronavirus pandemic, according to multiple reports.
The online retail giant gave the go-ahead Tuesday for employees whose work can be done from home, extending the timeline on a return to the office as cases of the virus are surging throughout the U.S.
“We continue to prioritize the health of our employees and follow local government guidance,” an Amazon spokeswoman told Bloomberg. “Employees who work in a role…

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