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Multiple power outages reported across Southern Tier

first_imgMany of the outages are due to the strong winds. (WBNG) — According to the NYSEG Power Outage map, thousands of customers are without power in the Southern Tier on Monday morning. For the most up to date information, go to the NYSEG Power Outage map by clicking here.last_img

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Most homeowners remain oblivious to what their mortgage is costing them

first_imgMany homeowners just sit and forget once they take out their first mortgage.THE majority of homeowners don’t know what the interest rate is on their mortgage, despite it being the biggest financial transactions many will ever be involved in.New research by UBank found only 17 per cent of Queensland mortgage holders knew exactly what interest rate they were paying.This was despite 58 per cent saying their current financial situation caused them to be stressed or loose sleep.UBank CMO Jo Kelly, said homeowners in particularly should be evaluating their financial situation ever six months, because refinancing cost save them thousands.She said many people didn’t know what their monthly expenses were and many were too scared to know.The survey found about a third of Queenslanders constantly worried about their financial future, while only one in five though they had full control of their finances.Many respondents said it was too hard to work out.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus21 hours agoNationally 82 per cent of homeowners didn’t know their exact interest rate – a slight improvement on last year when it was 85 per cent.“While there was a slight improvement on last year, there are still too many Aussies out there who don’t know their mortgage rate,” it said.“We encourage people to do their research and stay on top of their mortgage rate, as thousands of dollars can be saved by simply understanding where the best offers are and refinancing.”Ms Kelly said she was initially surprised the first time they did the annual survey to see so many people didn’t know where their money went and the stress it caused.“Many people get a mortgage and sit and forget about it,’’ she said.“A lot of people just get a mortgage and go “that’s my lot for the rest of my life’’Ms Kelly said while it might be difficult for people to see exactly what they were spending, once they did they could make moves to reduce costs and find extra money in their pocket.More importantly, she said, they would be less stressed.last_img read more

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