first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Most renters intend to purchase a home someday, but according to research by Fannie Mae, the down payment could keep them from that dream.According to the survey, nearly half of respondents see the down payment as the biggest obstacle to getting a mortgage. Though 73 percent of current or past homeowners surveyed said they could have afforded a home without their families help, one-fifth reported receiving financial assistance from family when they bought their first home. Additionally, they also tend to be the group that has the highest homeownership rates. Among millennials, almost two in three reported their families helping them with at least half of the upfront costs of homeownership.“Hispanics and non college graduates, whose homeownership rates tend to be lower than the general population’s, are less likely to say they received financial assistance when buying a home, even when controlling for other factors,” the report stated.The two primary reasons for renting now were financially preparing to own a home (28 percent) and the fact that renting is more affordable (25 percent). Following affording the down payment (45 percent), respondents believed the biggest obstacles for getting a mortgage included an insufficient credit score or credit history (43 percent), too much existing debt (18 percent), and the process being too complicated (16 percent).Though minorities were hopeful they would be able to provide financial assistance to family in the future, they were no more likely to have reported providing financial support in the past.In the general population, 38 percent expect to give aid in the future, and 16 percent already have assisted. For Caucasian: 31 percent and 18 percent, Hispanic: 51 percent and 16 percent, and African-American: 53 percent and 12 percent. Share Save  Print This Post Fannie Mae 2017-09-28 Brianna Gilpin Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Tagged with: Fannie Mae Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brianna Gilpin Home / Daily Dose / Family Aiding in Homeownership Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Previous: Previous Post Next: Ocwen Financial Corp Comments on 15 State Resolutions in Daily Dose, Featured, Government, Headlines, News The Best Markets For Residential Property Investors 2 days ago Family Aiding in Homeownership September 28, 2017 1,137 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribelast_img read more

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Share Save Weekly initial unemployment claims came in at 1.3 million for the week ending July 4, a decline of 99,000, according to the Department of Labor.The prior week’s level was revised down by 14,000 to 1.41 million from 1.42 million. The four-week moving average was 1.43 million—a decline of 63,000 from the previous week’s revised average.The Department reported that the advanced unemployment rate was 12.4% for the week ending June 27, which is a decline of just 0.5 percentage points from the prior week.For the week ending June 20, there was a total of 3.29 million people claiming benefits in all programs. This is an increase of 1.4 million from the prior week. There were 1.6 people claiming benefits in all programs compared to the same week in 2019.The highest insured unemployment rates for the week ending June 20 were in Puerto Rico (25.4%); Nevada (20.8%); Hawaii (20.7%); New York (17.1%); California (16.7%); Louisiana (16.2%); Massachusetts (15.6%); Georgia (15.1%), and Connecticut (15%).Doug Duncan, Chief Economist, Fannie Mae, said that while the labor market has shown gradual improvement, it still faces a “significant degree of disruption” due to COVID-19.“Despite falling from a peak of 6.9 million on March 28, initial claims are still double the highest value seen during the previous recession,” Duncan said. “Furthermore, the pace of decline appears to have slowed in recent weeks. Over the last 15 weeks, more than 46 million unemployment insurance claims have been filed.”While First American Financials’ Deputy Chief Economist Odeta Kushi said the weekly figures came in lower than expected, the report marked the 15th consecutive week initial claims were over 1 million.“While the weekly jobless claims were lower than expected last week, it’s too soon to celebrate,” Kushi said. “More than 40% of the country is now reversing or pausing its plans to reopen, and this could potentially result in another labor market shock.”From a housing perspective, Kushi noted that the housing market will continue to benefit from an increase in home-buying power and the continual decline of interest rates.On Thursday, Freddie Mac announced the average rate for a 30-year fixed-rate mortgage hit another record low—coming in at 3.03%.“The summer is heating up as record-low mortgage rates continue to spur homebuyer demand,” said Sam Khater, Freddie Mac’s Chief Economist. “However, it remains to be seen whether the demand will continue if COVID cases rise to the point that it hinders economic growth.”Danushka Nanayakkara Skillington, AVP, Forecasting & Analysis, for the National Association of Homebuilders, said demand for housing is expected to grow from the spring and summer buying seasons and low rates.”Most of the states deemed residential construction necessary,  therefore the impact of COVID-19 was not as wide-spread as in other industries. The industry has also gained back almost half the jobs that were lost in March/April,” Nanayakkara said. Demand Propels Home Prices Upward 1 day ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago coronaviurs housing market 2020 Labor Market 2020-07-09 Mike Albanese Home / Daily Dose / Unemployment Claims Rise to 3.2M Data Provider Black Knight to Acquire Top of Mind 1 day ago Unemployment Claims Rise to 3.2M About Author: Mike Albanese Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville.  Print This Post The Best Markets For Residential Property Investors 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News Demand Propels Home Prices Upward 1 day ago Previous: Renters’ Homeownership Hopes Delayed Next: Supreme Court to Address FHFA’s Constitutionality, Autodialers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: coronaviurs housing market 2020 Labor Market Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily July 9, 2020 1,017 Views Data Provider Black Knight to Acquire Top of Mind 1 day agolast_img read more

first_img By News Highland – August 11, 2011 Police investigating reports of overnight gunshots in Derry NPHET ‘positive’ on easing restrictions – Donnelly WhatsApp Guidelines for reopening of hospitality sector published Help sought in search for missing 27 year old in Letterkenny Pinterest Facebook Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson RELATED ARTICLESMORE FROM AUTHOR Police in Derry are investigating reports that a number of shots were fired in the city last night.The incident happened just after 11 o clock on Quarry Street.It is not thought that anyone was injuredcenter_img Google+ Previous articleDerryman in court on firearms chargesNext articleUpgrade to Regional status will improve diabetes services at Letterkenny General News Highland Pinterest WhatsApp Twitter Google+ News Twitter 448 new cases of Covid 19 reported today Facebooklast_img read more

first_img Harkin fears country markets could be smothered by FSAI bureaucracy A North West MEP is expressing concern that unnecessarily strict regulations may cause some producers to pull out of country markets.Marian Harkin says the Food Safety Authority of Ireland now wants to require every stallholder participating in country markets to register with them, a call she believes is not justified and not required elsewhere.There are six Donegal markets registered with Irish Country Markets, and the Independent MEP is bringing a deputation to meet with European Commission officials in Brussels on the 27th of this month.Marian Harkin says all stallholders are already registered with and represented by Irish Country Markets, and nothing more is needed…………..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/mrkts1pm.mp3[/podcast] RELATED ARTICLESMORE FROM AUTHOR Previous articleFull list of road closures for the Donegal International RallyNext articleJim McGuinness calls for big performance against Derry News Highland Twitter Three factors driving Donegal housing market – Robinson WhatsApp Google+ Pinterest Facebook Twitter Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeycenter_img Newsx Adverts Almost 10,000 appointments cancelled in Saolta Hospital Group this week LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook By News Highland – June 15, 2012 Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector published Pinterest WhatsApp Google+last_img read more

first_img Pinterest INTO calls for a renewed focus on reducing class sizes Facebook The INTO says a quarter of Irish promary pupils are in supersize classes.At present, the Department of Education provides a teacher for every 27 pupils, however, the Irish National Teachers Organisation says more than 130 thousand children are in classes of 30 or more, representing almost 24% of the total.In Donegal, the figure is 4,200, representing almost 23%, slightly below the national average.The INTO is calling on the next government to reduce class sizes to 22 over the next 5 years.John Boyle is the Vice President of the INTO, He says some junior infant pupils in his Dublin school are in classes of 34…………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/04/boyleclassizes.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Twitter Guidelines for reopening of hospitality sector published By admin – April 25, 2016 Homepage BannerNews LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Twitter Previous articleStoke awaiting details on the full extend of Shay’s injuryNext articleInvestigation launched following death of farmer in bull attack in County Tyrone admin center_img WhatsApp Facebook GAA decision not sitting well with Donegal – Mick McGrath Calls for maternity restrictions to be lifted at LUH Nine Til Noon Show – Listen back to Wednesday’s Programme WhatsApp Google+ Google+ RELATED ARTICLESMORE FROM AUTHOR Almost 10,000 appointments cancelled in Saolta Hospital Group this weeklast_img read more

first_img Dail hears questions over design, funding and operation of Mica redress scheme Previous articleTrial to start of woman charged in connection with Mc Sherry road deathNext articleA-CEART welcome news of new drug testing kits for Gardai News Highland Homepage BannerNews Shiels hits out at “meaningless” budgetary process PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Google+ Dail to vote later on extending emergency Covid powers Pinterest By News Highland – October 27, 2015 Pinterest HSE warns of ‘widespread cancellations’ of appointments next week Twitter Twittercenter_img “We are back once again to County Council budget time of the year. However just like last year and the years before it the entire process is doomed to be meaningless before it even starts.Last years County budget was just passed without a line being changed – Council management prepared a budget and Councillors after spending 12 hours hanging around at Lifford just passed it (for nearly the entire day the actual Council meeting was ‘adjourned’). That was not agreeable to me and I voted against it.This year we are back on track for more of the same. Each municipal District is supposed to receive from Council management a draft Municipal District Budget to provide for everything from roads to housing but Council management are refusing to furnish any such budget. This is a statutory requirement under the Local Government act 2001 (as amended). Instead Council Management have decided to get over the requirements of legislation by asking councillors to pass a draft  Strategic Development Fund for next year at half the value of what it was this year and then just call that a draft Municipal District Budget, even though its nothing of the kind .The next acts in the farce are scheduled to take place at Lifford tomorrow where Councillors in each Municipal District will be asked to pass something which even a 3 year old child wouldn’t be convinced is a budget in 5 minutes each. Yes, that is correct, 5 minutes for each Municipal District to pass what is supposed to be a budget – but of course the reason it will only take 5 minutes is it s not a budget at all but only a farcical attempt to give the impression that the budgetary Provisions of the Local Government Act 2001 as amended are being complied with.Councillors are being asked by Management to do without Municipal District Budgets because its inconvenient but if Councillors allow this then we are failing in our duty to scrutinise every provision of the budget and have a substantive input to it – the simple fact is that despite a legislative requirement to have a Municipal District budget for each Municipal District, no such budgets exist – Council management are refusing to prepare these and Councillors are just going along with that. I have asked for a Municipal District Budget now on several occasions over the last few weeks but Management are refusing to furnish me with same. This is the reality of life as a Councillor – trying to do things right, but being ignored.In another few weeks a full budget meeting will be held in Lifford at which a Budget of approximately 130 Million Euro will likely be presented. If its anything like last year, there will be bluster and comment but in the end nothing will really change and Council management will have their way budget wise once again.I want to have a proper say in the budget process and I believe that some other Councillors do too but its just rubber stamping that’s happening at the moment – I’m highlighting this now as the proper statutory budget process is not being followed and the general public deserve to know about this”. Cllr Shiels’ statement in full – Facebook WhatsApp Google+ A Donegal councillor has described the budget process as a “farce”, claiming that as discussions on the 2016 budget get underway, the entire process is doomed to be meaningless before it even starts.Cllr Dessie Shiels says last years County budget was passed without a line being changed, after hours of hanging around and several adjournments.He voted against, saying the process was not acceptable to him.Cllr Shiels has also hit out at the failure of the council to provide comprehensive Municipal District budgets. Facebook RELATED ARTICLESMORE FROM AUTHOR WhatsApp Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more

first_img Twitter Google+ By News Highland – December 14, 2015 Facebook Man arrested in Derry on suspicion of drugs and criminal property offences released Google+ PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Previous articleCouncil wins RSA’s ‘Leading Lights in Road Safety Award’Next articleGeorge Clooney launches new campaign to feed homeless over Christmas News Highland Homepage BannerNews HSE warns of ‘widespread cancellations’ of appointments next week Pinterest Western Health Trust urged not to close Gortin Day Centrecenter_img WhatsApp Dail to vote later on extending emergency Covid powers WhatsApp RELATED ARTICLESMORE FROM AUTHOR Dail hears questions over design, funding and operation of Mica redress scheme Pinterest Facebook Twitter There are calls on the Western Trust to take a last minute u-turn and drop their plan to close Gortin Day Care Home in west Tyrone.The Centre has been serving the community for almost 30 years providing entertainment, exercise and socialising for older people, but an announcement on its closure is expected shortly.The service cost 6,500 pounds to run last year.SDLP West Tyrone representative Daniel McCrossan says offering the services elsewhere would not suit many of those that use them:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/12/gortin.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more

first_img Pinterest Dail to vote later on extending emergency Covid powers Man arrested in Derry on suspicion of drugs and criminal property offences released WhatsApp Twitter Google+ News Police have arrested four people over alleged dissident republican activity.The three men and a woman were detained in Toome, County Antrim and Pomeroy, Carrickmore and Omagh in County Tyrone.Houses in all four places are being searched. The three men are aged 33, 44, and 46, while the woman is 37.They are currently being at Antrim PSNI station. Google+ By News Highland – May 12, 2012 Facebook Twittercenter_img Pinterest Dail hears questions over design, funding and operation of Mica redress scheme Previous articleSisters of Nazareth contest aspects of Nazareth House HIQA reportNext articleFelix Healy resigns as Director of Football with Finn Harps News Highland Four people arrested over dissident republican activity in the North RELATED ARTICLESMORE FROM AUTHOR WhatsApp Facebook Man arrested on suspicion of drugs and criminal property offences in Derry PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal HSE warns of ‘widespread cancellations’ of appointments next week last_img read more

first_img Previous articleDeputy Dinny McGinley calls passing of Galtacht Bill historic momentNext articleSoccer – Trapattoni Names Republic Squad In Ballybofey admin O’Kane and McCarter take up coaching rules Twitter NewsSportx Adverts Google+ WhatsApp 365 additional cases of Covid-19 in Republic Donegal to get 50 tickets for Armagh but not for spectators Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Facebook GAA – Donegal & Down Name Teams For Ulster Finalcenter_img WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest Pinterest Twitter Donegal manager Jim McGuinness has made one enforced change for Sunday’s Ulster Championship final against Down.Leo McLoone has been drafted into the side at centre-forward in place of the injured Neil Gallagher.Gallagher started in the 0-12 to 0-10 win over Tyrone in the semi-final but has been ruled out for four weeks with knee ligament damage.Down manager James McCartan has made three changes to his side.Benny Coulter starts at corner forward having completed his recovery from a broken ankle, coming on as a sub in the semi-final win over Monaghan.Dan Gordon and Aidan Branagan also come into the starting line up.Donegal’s Michael Murphy will once again captain the side and lead the defending champions out in Clones on Sunday…[podcast]http://www.highlandradio.com/wp-content/uploads/2012/07/Michael-Murphy.mp3[/podcast]Donegal: (SF v Down): P Durcan, P McGrath, N McGee, F McGlynn; E McGee, K Lacey, A Thompson; R Bradley, R Kavanagh; D Walsh, L McLoone, M McHugh; P McBrearty, M Murphy, C McFadden. By admin – July 20, 2012 Google+ Facebook Further drop in people receiving PUP in Donegallast_img read more

first_img Google+ Pinterest WhatsApp Newsx Adverts Facebook WhatsApp Martin McGuinness says he’s quitting as a Member of Parliament in London to concentrate on his role as Deputy First Minister in Stormont.And Sinn Fein says four of its MLA’s will leave the Assembly, so they can focus on their jobs in Westminster.It’s part of the party’s commitment to end so-called double jobbing where a person holds more than one elected position.Mr. McGuinness says he will continue to represent his Mid Ulster constituency…………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/mcgui3pm.mp3[/podcast] By News Highland – June 11, 2012 Further drop in people receiving PUP in Donegal Facebook 75 positive cases of Covid confirmed in North Google+center_img Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry Previous articleOutcry following vandalism at C.O.I. church in LiffordNext article21-year-old appears in Derry Court charged with Magerafelt robbery and assault News Highland RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Pinterest Twitter Twitter Mc Guinness quitting Westminister to concentrate on Stormont Gardai continue to investigate Kilmacrennan firelast_img read more