Fannie Mae Examines Economic and Housing Trends

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Save Fannie Mae Examines Economic and Housing Trends Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News Tagged with: Affordable Housing Economy Fannie Mae Federal Reserve Homes HOUSING Inventory loans mortgage Rate Cuts Refinance Previous: Gen Z Home Loans Catching Up Next: Mortgage’s Share of Household Debt More rate cuts are on the horizon. At least that’s what Fannie Mae’s Economic and Strategic Research Group has projected in its latest report on economic and housing trends.The report projected two more rate cuts by the Fed—one in September and one in December. It also indicated that a stronger than expected first half had pushed the GDP growth forecast for 2019 to 2.2%, despite “escalating trade conflict and the associated risks of financial market volatility, labor market weakness, and loss of consumer resiliency.”Despite the strong signs of consumer demand, the report revealed that “residential fixed investment dragged for the sixth consecutive quarter.” Business investment also “turned negative in the face of increasing trade and geopolitical uncertainty.”“Though the current expansion recently became the longest on record, reverberating trade tensions and general economic uncertainty continue to weigh on growth,” said Doug Duncan, SVP and Chief Economist at Fannie Mae. “The persistent trade tensions between the U.S. and China threaten to further reduce business investment, disrupt equity markets, degrade household wealth, and diminish consumer spending, the country’s primary economic engine of late.”While the demand for housing remains strong, The ESR Group found that limited inventory, especially for affordable housing, continued to remain a challenge for homebuyers. This, despite Fannie Mae’s latest Home Purchase Sentiment Index suggesting strong homebuyer interest after recording a new survey high in July.The report also suggested an uptick in refinance activity as mortgage rates nearing new lows. The report indicated that the share of refinancing activity had risen from 29% in 2018 to 35% in 2019.“Mortgage rates are approaching the lowest level in recent decades, and as they have moved lower more and more homeowners are finding incentive to refinance,” Duncan said. “We estimate that 35% of outstanding mortgages are now ‘in the money,’ meaning borrowers may realize significant cost savings by refinancing; as such, we expect the share of refinance originations to grow through the remainder of the year.”However, he added that these benefits were mostly being enjoyed by existing homeowners. “Many would-be homeowners, and the purchase mortgage market generally, remain unable to capitalize on the favorable rate environment due to the chronically limited supply of homes available for sale,” Duncan said. August 15, 2019 1,650 Views Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Fannie Mae Examines Economic and Housing Trends Affordable Housing Economy Fannie Mae Federal Reserve Homes HOUSING Inventory loans mortgage Rate Cuts Refinance 2019-08-15 Radhika Ojha Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Radhika Ojha Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

How Yoga Can Improve Your Athletic Performance

first_imgSo how can you help your body escape the multitude of ace bandages, kineseo tape, and soft braces? Yoga and stretches. Now you don’t have to be able to put your feet behind your head or do a handstand with a one-arm balance to have a significant effect on loosening those muscles. Not everyone can do a full yoga class or yoga sequence before going on to their activity of choice, but even just 5-10 minutes of stretching with some yoga poses can be of great help. As President of the Tight Hamstring club the Hamstring Stretch is one of my all time favorites. Now not everyone can reach their toes so I recommend using a strap to place around the ball mound of the foot to make it easier. The key is to let the shoulders stay on the ground and isolate the stretch for the hamstrings. Everything else should just be chilling and supporting. Remember to keep it simple, make it fun, and don’t be too hard on yourself. If you are very stiff, just embrace that and move slowly. Enjoy how your body feels when you open, move and awaken those muscles. This is time for you, time to breathe, and time to become aware of your physical form and mental awareness. The Reclined Easy Twist is great for easing back and neck tension before and after a work out. It is one of my favs for tennis. To get a deeper stretch it is always best to do this on the exhale. Don’t force your body into the twist let the breath work the movement naturally. This is wonderful for those pesky IT Bands to which are often times hard to stretch. Perfect for runners and cyclist.  Twists improve the health of the spine, shoulder openings, and mobility and digestion.  Yoga can enhance your core strength, improve balance and coordination, ward off injuries from overuse or repetitive motion, increase flexibility, improve focus and agility, and help recovery time.  A few years ago, while training for a tennis tournament in the Caribbean, I asked some of my male friends to hit with me before my match. Prior to getting on the tennis court, I did some side stretching and yoga poses that I knew worked best for my body. As I often say in my yoga classes:  I am the President of the Tight Hamstring Club. Those suckers are always screaming at me! I have learned after all these years as an athlete and yoga teacher that stretching is essential.   Forward bends help stretch hamstrings, increase body awareness, calm the nervous system and improve stabilization.  Standing poses build strength in ankles and increases flexibility in hips and hamstrings. center_img Low Lunge is wonderful for opening up the hip flexors and accesses many of the large muscle groups, Be sure to have your heel aligned with the knee to avoid any extra strain on the knee. You can place your hands over your head if you would like or support your hands on either side of the ground with some blocks for extra support.  This Side Angle Stretch relieves stiffness in the back and shoulders. It opens the rib cage to allow for more oxygen and better breathing and stretches the groins, knees and ankles and tones the abdominal muscles. This stretch is great for kayakers! If you cannot place your hand on the ground just use a yoga block or place hand on knee. Listen to your body, don’t push yourself.  This is not a competition.  Learn how yoga can improve athletic performance with simple stretches! Backbends help create expansion in the lungs for better respiration, digestion, and elimination I believe we have made yoga a bit too showy in the Western world. I like the simple and highly effective deeper-hold-type stretches. Here are a few of my favorites: In the meantime, my tennis buddies were assessing their racquets, strings, and grips. They then proceeded to take out a plethora of ace bandages, kineseo tape, and soft elbow supports.  As I continued into a low lunge stretch I couldn’t help but smile as I watched them spend the next 15 minutes taping and supporting their muscles from old injuries and anticipating new ones. Curious at this point, I couldn’t help but ask, “Are you guys going to stretch before getting on the court?” “Oh no,” they replied succinctly. “We don’t have time to stretch.” As I pranced my injury-free body to my side of the court, I watched my fellow tennis mates limp and hobble over to their positions.  Now, these guys were all in the early 40s but it was like watching Night of the Living Dead. last_img read more

Opening night checkers a sign of success to come for top rookie Johnson

first_imgThe feature winner his first night out in the division, Luke Johnson (left) ended 2016 as national rookie of the year in IMCA’s Karl Chevrolet Northern SportMod division. IMCA President Brett Root is at right. (Photo by Bruce Badgley, Motorsports Photography)MOORHEAD, Minn. – Luke Johnson accomplished the rare feat of winning his first race in a new division.After the May 6 victory at Norman County Raceway, he followed with six more checkers on the way to earning the national Karl Chevrolet Northern SportMod award.“Winning rookie of the year and my first-ever feature were definitely the highlights of my season,” said the Moorhead, Minn., driver. “It didn’t get any easier after the first win but after we got some more things figured out with the car, we got six more wins.”He won three times in all at Norman County and twice each at Buffalo River Race Park and Red River Valley Speedway. Johnson has been a regular at all three tracks since his mod-4 days and is partial to the West Fargo oval, where he finished third in the point standings this season.“I wanted to go to a Northern SportMod and made the switch to IMCA, and I’m glad I did,” said Johnson. “I like the way these cars drive and handle. They run at a lot more tracks and a lot of my buddies race them, too. It’s fun to race with your friends.”He didn’t set any lofty goals for his first SportMod season and was understandably pleased with the results.“I just wanted to move up. I found a 2012 Shaw roller on line, bought it and put it together over the winter,” Johnson explained. “I wanted to get better and just win one race. We ended up winning seven features and national rookie of the year.”“I had a great season and owe most of the credit for my success to my family and the rest of my crew,” he concluded. “I couldn’t have accomplished what I did without them.”Starts: 42Wins: 7Additional Top Fives: 19HIS CREW: Girlfriend Tyler Lashomb, parents Dennis and Eileen, brothers Justin, Shawn and Chad, Corry VanMil, Rob VanMil, Aaron Wetterlin, Bryce Bjerken, Chris VanMil and Frank Neisein.HIS SPONSORS: Johnson’s Auto Repair, Valley Alignment & Repair and Action Towing & Recovery, all of Moorhead; Unlimited Auto Glass of Fergus Falls; Al’s Auto Parts, Taves Turkey Farms, Morty’s Bar & Grill and Centrol Ag Consulting, all of Glyndon; and Corey’s Car Care Center of Fargo, N.D.last_img read more

Argo Athletes Honored at PSA Banquet

first_img April 16, 2007PENSACOLA, Fla. – The Pensacola Sports Association honored six West Florida student athletes with special achievement awards on Friday night’s PSA Annual Awards Banquet at the New World Landing. Felipe Lawall and Keith Savage from men’s soccer, Lindsay Nemanich from women’s soccer, and Suzana Cavalcante, Tammy Kevey, and Mandy Septoe of women’s tennis were recognized for their UWF career achievements.Senior forward Felipe Lawall (Soracaba, Brazil / South Georgia College) will be remembered as one of the top offensive threats in UWF history. In three years at UWF he scored 32 goals with 19 assists. He was an NSCAA All-America in 2006, and a two-time NSCAA All-Region selection. Lawall was a GSC All-Tournament selection in 2003 and 2006. Junior forward Keith Savage (Gulf Breeze, Fla. / Gulf Breeze HS) was also a NSCAA All-America in 2006, and twice named to the NSCAA All-Region team. In last year’s NCAA II Regional Tournament he was named most outstanding player. Savage was GSC Freshman of the Year in 2003. West Florida soccer won the GSC Championship last season. They reached the national semifinal with a 20-1-3 record.Senior defender Lindsay Nemanich (Houston, Texas / Langham Creek HS) was a Daktronics and NSCAA All-America selection in 2006. Along with being an all-region defender by both Daktronics and the NSCAA, she was the 2006 GSC Co-Player of the Year. Nemanich anchored last year’s defense that allowed just 10 goals, including 14 shutouts. She helped lead UWF to NCAA II Tournament appearances in 2002, 2003, 2005, and 2006.Sophomore Suzana Cavalcante (Sao Paulo, Brazil) was honored as the ITA / NCAA II National and Regional Rookie of the Year for 2006. She became the third women’s tennis player in conference history to be named the GSC East Division Player of the Year and GSC East Division Freshman of the Year. Sophomore Tammy Kevey (Auckland, New Zealand) and Mandy Septoe (Port Elizabeth, South Africa) were honored for their accomplishments as an elite doubles team. They won UWF’s first women’s tennis doubles title at the ITA / NCAA II National Small College Championships in 2006. Kevey and Septoe compiled a record of 24-4 last spring, and were ranked 22nd in the country.The PSA Special Achievement Award is described as an award that encourages excellence in sports activities by organizations that have made significant contributions in the Pensacola area during the past year or years. This award may be given to individuals or groups for their achievementsPrint Friendly Version Argo Athletes Honored at PSA Banquet Sharelast_img read more

Canon 5D RAW & Magic Lantern Hack Roundup

first_imgPush the limits of your Canon 5D DSLR! We’ve rounded up the best comparison tests between the default Canon 5D Mark III settings and the Magic Lantern RAW hack.The new hack Magic Lantern hack update takes the recording ability of the Canon 5D Mark II and III DSLR cameras and kicks it into overdrive!  Since its release, the online pro photo/video community has been abuzz about what this update means for the future of DSLR video.In recent years, the Canon 5D Mark III has become the benchmark in DSLR video shooting.  However, the camera outputs video in a compressed codec, H.264.  With the introduction of this Magic Lantern hack, you can now continuously shoot RAW video with the 5D Mark III, putting it on the same playing field as other top-of-the-line RAW shooters like RED and Blackmagic Cinema Camera.  Uncompressed RAW is optimal because of increased dynamic range and greater resolution.To start shooting RAW you’ll need to install the hack on your Canon DSLR.  So how do you install Magic Lantern? Follow this video tutorial by Kraig Adams:Many DSLR video shooters are updating to this newest version Magic Lantern…and some have shared their findings with the ‘net.  In the following videos you’ll see early comparison and test footage shot with the Magic Lantern hack.  We think the results are pretty significant, don’t you?Magic Lantern Test by Cinema5DCanon 5D Mark III Continuous Raw Video w/ Magic Lantern by Andrew ReidCanon 5D mark III RAW vs. Blackmagic Cinema Camera RAW by Cinema5DMagic Lantern – Raw Video Workflow Tutorial by Neumannfilms14-Bit RAW on Canon 5D Mark III vs. Factory Default vs. GH3 by Saad Rabia5D Mark II Raw DNG Continuous Recording at 720P by Walk/Humbly Filmslast_img read more

Deciding What You Want

first_imgNote: This was originally my Sunday newsletter. Occasionally, I post them here when people email me in large numbers. This was one of those newsletters that generated a big response.I want to offer you an exercise. It’s one that I have done a number of times, always right before a breakthrough. It’s one I am keen to repeat with a greater frequency than I have in the past.Most of us don’t spend enough time deciding what we really want. We are too busy living to spend time deciding what living means, or how to do so in way that is in line with our definition of success, happiness, a good life, and a life well lived.You cannot decide what you want by looking at your task list. The things that you have told yourself you must do have very little to do with what you want. In fact, just looking at all things that sit undone can cause you to believe that these are the things that you should be doing. If you can die happily with a task left undone and unaddressed, you can live happily with it undone and unaddressed.You also can’t decide what you want by looking at your projects, your short term goals, or the many roles you play. Unless the project is “my life,” it’s just a collection of tasks. Short term goals are important, but they’re likely just milestones on the way to something bigger. But what is that “something bigger?”To answer the question, “What do I want,” you have to move up to the highest vantage point available to you, a place where you can see further, a view with the greatest perspective. From that higher place, you can answer the question, “What do I want?”To live a life of purpose and meaning, you have to supply that purpose and meaning. You have to decide why you are here and what you are going to do with your time. Your life belongs to you alone. This fact is easy to forget when you don’t spend the necessary time to decide what you want, and when you end up living a life that is at odds with the life you see in your mind—and what you feel in your heart.If the idea of “what you want” seems nebulous to you, that is my intention. I have no idea what you really want. No one else does either. This is something you have to decide for yourself, even if it is one of the most difficult questions you have to answer.If you want to know what you really want, go some place quiet, where you can be alone. Make that quiet place outdoors, if you can. Write down the answer to the question, “What do I want?” Just write without having to be right. Explore what you surface and decide what it means for you. What you come up with probably fall into the categories of being more, doing more, having more, and contributing more.Once you know what you want, you can start to build the plans to achieve it. Essential Reading! Get my 3rd book: Eat Their Lunch “The first ever playbook for B2B salespeople on how to win clients and customers who are already being serviced by your competition.” Buy Nowlast_img read more

‘Make statement on deficit rainfall’

first_imgOdisha Assembly Speaker Surjya Narayan Patro on Friday directed Revenue and Disaster Management Minister Sudam Marndi to make a statement on the deficit rainfall situation in the State within two days.The Speaker gave the ruling after Leader of the Congress Legislature Party Narasingha Mishra and Congress MLA Santosh Singh Saluja expressed concern over the deficit rainfall in Bolangir district. Both the leaders are from different constituencies in Bolangir.Mr. Saluja said one farmer’s death by suicide due to crop loss in the Sadar block of the Bolangir district this week has already been reported. All the blocks of the district were facing drought-like situation, he added.Delayed actionMr. Mishra also blamed the State government for delaying action to tackle the situation thus arising. The State government had been falsely claiming that 33% of the cultivable land in Bolangir had assured irrigation, he said.Mr. Mishra also demanded financial assistance for the farmer who had died in Bolangir due to loss of his kharif crop.On Thursday, ruling Biju Janata Dal MLA Ananta Das from Bhograi had also claimed that a drought-like situation was prevailing in coastal Balasore district.At least 17 of the 30 districts in the State have recorded deficit rainfall so far, according to weather experts. As a result, agricultural operations have been badly hit in many parts of the State, including districts of Jagatsinghpur and Jajpur.last_img read more