Mortgage Rates Retreat for Fourth Straight Week About Author: Eric C. Peck Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Print This Post Home / Daily Dose / Mortgage Rates Retreat for Fourth Straight Week Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Journal, Market Studies, News 17 days ago 548 Views adjustable-rate mortgage (ARM) Bureau of Labor Statistics Freddie Mac Marty Walsh Mortgage Bankers Association (MBA) Primary Mortgage Market Survey (PMMS) Refinances Sam Khater U.S. Department of Labor 2021-05-13 Eric C. Peck Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Share 2Save Previous: Shaky Economy Hasn’t Slowed Rise in Home Equity Next: House Committee Addresses Lending Equality Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Tagged with: adjustable-rate mortgage (ARM) Bureau of Labor Statistics Freddie Mac Marty Walsh Mortgage Bankers Association (MBA) Primary Mortgage Market Survey (PMMS) Refinances Sam Khater U.S. Department of Labor Servicers Navigate the Post-Pandemic World 2 days ago Mortgage rates continued to drop this week, as Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found rates at 2.94%, marking the fourth consecutive week of declines. Last week, rates were at the 2.96% mark, and a year ago at this time, the 30-year fixed-rate mortgage (FRM) averaged 3.28%.“Since the most recent peak in April, mortgage rates have declined nearly a quarter of a percent and have remained under 3% for the past month,” said Sam Khater, Freddie Mac’s Chief Economist. “Low rates offer homeowners an opportunity to lower their monthly payment by refinancing and our most recent research shows that many borrowers, especially Black and Hispanic borrowers, who could benefit from refinancing still aren’t pursuing the option.”According to the Mortgage Bankers Association (MBA), the refi share of activity increased to 61.3% of total mortgage applications, up from 61% the previous week. That marked a 3% week-over-week rise in refis, but 12% lower than the same week one year ago.Freddie Mac also reported that the 15-year FRM averaged 2.26%, with an average 0.6 point, down from last week when it averaged 2.30%. A year ago at this time, the 15-year FRM averaged 2.72%. The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.59%, with an average 0.3 point, down from last week when it averaged 2.70%. A year ago at this time, the five-year ARM averaged 3.18%.“Additionally, the low mortgage rate environment has been a boon to the housing market, but may not last long as consumer inflation has accelerated at its fastest pace in more than 12 years and may lead to higher mortgage rates in the summer,” said Khater.The uptick on consumer sentiment can be attributed to a dip in unemployment claims, as the U.S. Department of Labor reported that initial unemployment claims for the week dropped to 473,000, a decrease of 34,000 over last week’s level, marking the lowest level for initial claims since March 14, 2020 when it was 256,000.“The Bureau of Labor Statistics reported that the American economy added 266,000 jobs in the month of April, and the unemployment rate was 6.1%, up marginally from 6.0% in March,” said U.S. Secretary of Labor Marty Walsh. “Labor force participation is at its highest point since last August and the number of people expressing hesitancy about returning to work due to the coronavirus is at its lowest point in the pandemic. These figures underscore how the American Rescue Plan puts us on the path to recovery. It’s increased the speed and access of vaccinations, it’s bringing needed relief to families, it’s enabling daycare centers and schools to reopen, and it’s supporting small businesses. It’s going to take time and effort to heal this economy.” The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Subscribe
Starbucks has launched packeted instant coffee in a bid to give consumers a caffeine hit of its high-street brand at home.Via Ready Brew hits stores in Seattle and Chicago early next month and goes on sale in London Starbucks stores from 25 March before rolling out in the autumn. Retail price has been set at £1.20 (three servings) and £3.95 (12 servings).The company aims to win over new instant coffee users and to steal market share from established brands.Darcy Willson-Rymer, managing director, Starbucks UK & Ireland, said: “I believe this is a great opportunity for Starbucks and I can’t wait for consumers to be able to enjoy it.”The coffee chain said it had spent almost 20 years developing the instant coffee so that it tasted the same as the beverage brewed in its 12,000 cafes worldwide.Starbucks’ growth in the US has slowed as the recession has worsened, and Starbucks recently announced plans to shut 1,000 cafes worldwide.
IndianaLocalNews Man stabbed to death in Warsaw identified Google+ WhatsApp (Photo supplied/Vickie Wooldridge) The name of the man that was stabbed to death yesterday in a home near Warsaw has been released.Matthew Lucas, 42, of Warsaw died from multiple stab wounds, said the Kosciusko County Sheriff’s Office.Vickie Wooldridge is accused of stabbing Lucas, and two others.She was arrested on Tuesday, around noon, when she stumbled out of a field.Lucas was pronounced dead at the scene, and the two others were taken to the hospital. One was released, and the other is still hospitalized. Twitter Pinterest Twitter WhatsApp By Jon Zimney – December 17, 2020 0 621 Facebook Google+ Facebook Pinterest Previous articleFrontline Hoosier Guardsmen receive COVID-19 vaccinationNext articleForecast for Indiana’s two-year budget better than lawmakers expected Jon ZimneyJon Zimney is the News and Programming Director for News/Talk 95.3 Michiana’s News Channel and host of the Fries With That podcast. Follow him on Twitter @jzimney.
In most cases, the weather has helped Georgia farmers’ crops this year. But it’s also helped plant-threatening diseases thrive in many Georgia fields, says a University of Georgia expert.”It’s been one of those years where conditions that are good for crops have also been favorable for diseases,” said Bob Kemerait, a UGA Extension Service plant pathologist.Crops enjoy the weatherThough isolated sections of the state still struggled with dry weather, increased rainfall improved soil moisture in most sections and eased the state out of the drought of the past few years.As of Sept. 9, Georgia Agricultural Statistics Service reported that two of Georgia’s top row crops are enjoying the weather. About 89 percent of the cotton is in good to excellent condition, as is 95 percent of the peanut crop.Colquitt County farmer Randy Buckner said he’s much happier with his peanut and cotton crops. The part he didn’t irrigate looks as good as the part he did in many places. This means a sharp improvement in rainfall, he said.”Overall, we’re looking pretty good with the peanuts and cotton,” Buckner said. “I expect we’ll do pretty good on yields.”Diseases enjoy weather, tooRow crops like hot, humid weather and moist soil, something Georgia has had more of this year. In this condition, crops grow full, healthy plant canopies.Ironically, the environments under these canopies provide the perfect conditions for diseases to grow and infect the plant, Kemerait said.Early in the season, Fusarium wilt caused problems in a few cotton fields.”The fungus invades the roots and the lower stems and plugs up the plant’s vascular tissue, inhibiting the normal flow of water and nutrients in the plant,” Kemerait said.The biggest problem with cotton right now is rotting of bolls, the fruit that produces the lint.”I’ve been in fields where an entire bottom crop is lost,” Kemerait said.Wet weather, such as that brought on by tropical storms this season, came as bolls entered a critical growth stage. Thick plant growth, again, kept moisture and humidity levels high under canopies. This allowed rot to establish on the bolls and reduce yields, he said.Cooler, wetter conditions in June may be related to an unusually high number of outbreaks of Cylindrocladium black rot (CBR) in peanuts.This disease can destroy any part of the plant below the ground, Kemerait said. Historically, CBR has been of greater concern in peanut production areas north of Georgia, such as Virginia and North Carolina.”It’s been showing up in a lot of fields where it wasn’t expected,” he said. “Many growers who thought they didn’t have a problem have had a problem this season.”Using good management practices, Georgia farmers were able to fight many diseases that threatened their crops.But if the favorable weather continues, Kemerait said, farmers will have to stay on top of new and more cost-effective ways to handle the disease pressure that follows.Good yieldsOverall, the peanut and cotton crops should produce good yields, Kemerait said.Buckner agreed. Despite the disease pressure, he said, he’d take the increase in moisture any time.The GASS report forecast Georgia’s 2001 cotton crop to average 680 pounds of lint per harvested acre, or 89 pounds more than in 2000. Acreage expected to be harvested this fall is estimated at 1,490,000 acres, up 140,000 acres from last year.Yields across the Georgia peanut belt are expected to average 2,800 pounds per acre, compared with 2,700 for 2000. Harvested acres are expected to be 477,000, down from 492,000 in 2000.
BACOLOD City – Charged with statutory rape, aman was arrested in Barangay 6, Isabela, Negros Occidental. The 45-year-old resident Agusto De La Cruz wascaught on the strength of an arrest warrant around 7:30 p.m. on Friday, apolice report showed. The court recommended no bail bond for histemporary liberty./PN De La Cruz was detained in the custodialfacility of the Isabela police station. Officers of the municipal police stationserved the warrant issued by Judge Cyclamen Jison-Fernandez of the RegionalTrial Court Branch 63 in La Carlota City, Negros Occidental dated Aug. 28,2019.
Share StumbleUpon Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Submit Related Articles Danske Spil calls for esports makeover with Pinnacle Solution August 25, 2020 Share TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Seeking to become the leading destination for eSports betting, Curacao/ Malta-licensed online sportsbook Pinnacle (Pinnacle.com) has announced the relaunch of its dedicated ‘eSports Hub’.First launched in 2015, Pinnacle’s ‘eSports Hub’ was developed as a specific portal for eSports betting consumers. Having revamped its product, Pinnacle development states that it wants to ‘raise the bar for gaming’s most dynamic sector’Commenting on the relaunch of Pinnacle’s ‘eSports Hub’ Marco Blume, Trading Director stated; “Pinnacle passed the 5 million eSport bet milestone earlier this year, and I was projecting to reach 10 million by January 2018. With the relaunch of our eSports Hub I may have to revise that prediction.” Marco Blume, Trading DirectorThe bookmaker details that its new hub has been developed with eSports players and ‘diversity of interest’ in-mind. The product will allow players to focus on preferred games, whilst allowing users to ‘drill down’ live odds panels.Furthermore, Pinnacle will support ‘eSports Hub’ user engagement and interaction with dedicated in-depth content and optimal game/match scheduling for esports punters.Pinnacle leadership states that the bookmaker is committed to servicing esports punters, viewing the sport as a core dynamic for its long-term growth. Harry Lang Pinnacle Marketing Director stated:“Pinnacle has been at the forefront of esports betting since 2010 and we are totally committed to maintaining our position as the global leader in the future. Our new eSports Hub is designed to support this ambition. We have combined our exceptional odds in a user-friendly format and published a huge portal of educational content so new and established eSports bettors can develop and improve alongside us.”
QPR are close to agreeing a deal to sign Wolves winger Matt Jarvis, The People claim.The player himself has played down speculation linking him with a move.[poll id=”25″]See also: QPR ‘close to agreeing a deal for Wolves star’Follow West London Sport on TwitterFind us on Facebook
29 April 2014 The unveiling of the bust of a smiling Nelson Mandela outside the National Assembly in Cape Town underscored Parliament’s commitment to uphold the legacy of the former statesman, President Jacob Zuma said on Monday. Zuma unveiled the 2.28 metre-high statue of former president Mandela on Monday as part of the country’s Freedom Day celebrations, marking 20 years of democracy. Mandela, who passed away in December last year, was South Africa’s first democratically elected president. The bronze bust on a granite plinth is opposite the steps of the National Assembly in Cape Town, and has Mandela looking towards the gates of Parliament. Zuma also used the occasion to launch the 20 Years of a Democratic Parliament programme.‘In Tata’s footsteps’ The statue showed how far South Africa’s democracy had come: “The unveiling of this bust confirms that our Parliament, which was once a symbol of white domination, has now been transformed into a progressive institution that upholds the values of unity, equality, freedom and the dignity of all South Africans,” said Zuma. “By unveiling this statue, Parliament is declaring that we will continue to walk in Tata’s footsteps, that we will continue to draw lessons and inspiration from his exemplary life and that we will continue to honour his memory,” he said. Zuma paid tribute to former president FW de Klerk, who was at the unveiling. As the last president of apartheid South Africa, De Klerk had put the country first and had played a pivotal role in averting a disaster in South Africa, Zuma said. “Through him we were able to make a breakthrough to create the conditions for our new democracy.”‘Celebrate democracy’ Zuma also used the occasion to urge South Africans to vote in the general election, which will be held on 7 May. “May the spirit of Tata Madiba continue to inspire us all as we continue to build a truly non-racial, non-sexist, democratic and prosperous South Africa, one nation, and one people . we urge our people to come out in their millions to celebrate democracy and freedom by casting their votes.” The unveiling ceremony, which was attended by the Mandela family members, was followed by a mass thanksgiving and prayer meeting at the Good Hope Centre. Source: SAnews.gov
Share Facebook Twitter Google + LinkedIn Pinterest 2016 Trade TalkYamaha’s Steve Nessl, ATV/SxS Group Marketing Manager, spoke with Ohio Ag Net’s Joel Penhorwood about the newest lineup of Yamaha’s off-road vehicles, as well as the Outdoor Access Initiative.161110_TradeTalk_Yamaha_SteveNessl
Swashbuckling West Indies opener Chris Gayle returned to form with a blistering 38-ball 77-run innings to power Royal Challengers Bangalore to a massive 213/2 against the Gujarat Lions in Rajkot. His vicious knock helped Bangalore beat the home side by 21 runs in on Tuesday.Put into bat, the visitors got off to a thunderous start with Gayle and skipper Virat Kohli (64) putting on 122 runs in 13 overs as the Gujarat bowlers failed to find an answer to the onslaught.Kedar Jadhav (38 not out of 16 balls) and Travis Head (30 not out of 16) then finished off the proceedings in style with a 54-run unbeaten third wicket stand.Coming into the match, just 3 runs short of becoming the first batsman to get 10,000 T20 runs, Gayle reached the landmark slicing a good length delivery from pacer Basil Thampi through point down to third man for a single.There was no looking back from there on as the West Indian turned on the heat, dealing mostly in fours and sixes.Here’s how the Twitteratti reacted to Gayle’s milestone.Congratulations to @henrygayle on completing 10 thousand t20 runs ! Legend ????????? and making @IPL the most entertaining cricket tournament- yuvraj singh (@YUVSTRONG12) April 18, [email protected] 10,000 T20 runs. PARANORMAL. Only my car mileage is better than that!!! @IPL @KKRiders- Gautam Gambhir (@GautamGambhir) April 18, 2017What a Player @henrygayle keep it going.Only 10 k runs in T20???..can someone tell how many runs in four nd sixes ? #sixerkinggayle [email protected] Harbhajan Turbanator (@harbhajan_singh) April 18, 2017thats what am talking about @RCBTweets you just cant drop this man @imVkohli good batting @henrygayle pic.twitter.com/nc6Ff0pwfwadvertisement- Yohan Blake (@YohanBlake) April 18, 2017Who would have imagined that a player would score 10k in T20!! The boss of this game @henrygayle- Harsha Bhogle (@bhogleharsha) April 18, 2017Well done to @henrygayle on 10000 t20 runs. Biggest hitter in the game by a long way. #respect- David Warner (@davidwarner31) April 18, 2017Massive congratulations to @henrygayle on 10000 T20runs. What a player he has been! @RCBTweets- Michael Clarke (@MClarke23) April 18, 2017