DIRS.INFO The most relevant business & tech news

☆ A startup airline that wants to fly Airbus A380 planes between New York and London said it bought its first superjumbo
▼ + stars: | 2024-02-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

British startup carrier Global Airlines said on Friday that it had fully acquired an Airbus A380 jet previously owned by China Southern Airlines. MSN 120, however, is not the same plane that Global said it acquired back in May 2023. Following the purchase of MSN 120, Global expects to acquire three more A380s and hopefully launch commercial flights "later this year," it said. "The renaissance of the A380 is really the focus of Global Airlines," HiFly CCO Richard Stephenson said in a December video posted by Global. Simple Flying reported Global would refurbish MSN 120 but keep its China Southern seats.

Persons: James Asquith, Richard Stephenson, Asquith, Hospitio, Brad Beakley, Beakley Organizations: Global Airlines, Airbus, China Southern Airlines, MSN, Global, CNN, Singapore Airlines, China Southern, 9H, Center for Aviation, Portuguese, HiFly, Global Airlines Asquith, Boeing, Weekly, Gatwick, American Airlines, luxe, Travel Locations: Malta, China, London, New York, Los Angeles

☆ Macquarie to divest U.S. port terminal operator Ceres
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

June 29 (Reuters) - Australian financial conglomerate Macquarie Group (MQG.AX) said on Thursday it would divest its U.S.-based port terminal operator Ceres Terminals, with a source familiar with the matter placing the deal value north of $900 million. The Wall Street Journal in May reported that Macquarie was looking for about $1 billion from the sale, citing sources familiar with the matter. The deal value could be at the lower end of what the Wall Street Journal reported, the source said. However, Ceres Terminals Jacksonville and Intermodal Container Transfer Facility in Jacksonville, managed by Ceres, will not be a part of the deal. They will continue to be owned by MIP III, Macquarie said.

Persons: Macquarie, MIP, MIP III, Craig Mygatt, Roushni Nair, Sameer Manekar, Rishav Chatterjee, Rashmi Aich, Subhranshu Organizations: Macquarie Group, Reuters, Street Journal, Wall Street Journal, Macquarie Infrastructure Partners, Nippon, Macquarie, Thomson Locations: Tokyo, Ceres Terminals Jacksonville, Jacksonville, Bengaluru

The HUD is cutting annual mortgage insurance premiums on FHA mortgages from 0.85% to 0.55% for most new borrowers. The new FHA mortgage insurance rates are set to go into effect on March 20. But in March, FHA borrowers will be able to take advantage of lower annual mortgage insurance rates. New FHA MIP chartThese lower annual MIP rates will be available to those getting a new FHA mortgage on or after March 20, 2023. When getting an FHA mortgage, borrowers pay both an upfront and annual mortgage insurance fee.

You can borrow up to $726,200 with a conforming mortgage in Kentucky, or $472,030 with an FHA mortgage. The best type of mortgage for you could also come down to insurance costs or your credit score. For a conforming mortgage — which is what you may think of as a "regular mortgage" — you can borrow up to $726,200. You can borrow more with a conforming mortgage than with an FHA loan, and you could take out even more with a jumbo mortgage. A conforming mortgage typically requires a minimum 620 credit score, and you'll need a higher one for a jumbo mortgage.

You can borrow up to $726,200 for a conforming mortgage in North Dakota, or $472,030 for an FHA mortgage. Your choice between a conforming or FHA mortgage may depend on credit score, debt, or insurance costs. The Federal Housing Finance Agency sets borrowing limits for conforming mortgages, and the Federal Housing Administration sets limits for FHA mortgages. Borrowing limits for both types of mortgages are the same in every North Dakota county. You'll need at least 3% for a conforming mortgage and 3.5% for an FHA mortgage.

☆ How Much House Can I Afford?
▼ + stars: | 2022-11-19 | by ( ) www.wsj.com time to read: +6 min

By Sheryl Nance-NashYou’ve decided you’re going to pursue the American dream and get that house, be it your first one or to trade up. One of the first—and most important—things you’ll need to do is figure out how much house you can afford. Read on to get started building a budget for your house. Plug in factors like income, estimated down payment, loan term, how much you spend a month on debt, and your credit score and you’ll get a sense of what you can and cannot afford. Costs to include in your housing DTIprincipalinterestreal estate taxesmortgage interestAdditional costs to include in your broader DTIcredit card debtcar loansstudent loansOther installment loansHow much house can I afford without putting 20% down?

Search resuls for: "MIP"

6 mentions found