Fannie Weighs in on Housing Sentiment

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, Market Studies, News December 7, 2018 3,387 Views Tagged with: consumers Fannie Mae Home Home Prices Home Sales Homebuyers Homeowners HOUSING Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 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. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Fannie Weighs in on Housing Sentiment Related Articles Homebuyers were more optimistic about purchasing real estate in November, according to the latest data from Fannie Mae’s Home Purchase Sentiment Index (HPSI) released on Friday.The index, which reflects consumers’ current views and forward-looking expectations of housing market conditions, inched up slightly to 86.2 in November driven primarily by an increase in the net share of Americans who reported significantly higher income, Fannie Mae said in its report.The net share of Americans who said that now was a good time to buy a home rose 2 percentage points while those who said that it was a good time to sell remained unchanged. One of the big HPSI movers during the month was consumer sentiment on home prices. The net share of consumers surveyed who expected home prices to go up fell 4 percentage points during the month.”The HPSI has moved within a tight range over the past five months, as positive sentiment regarding the overall economy continued to offset cooling housing sentiment,” observed Doug Duncan, SVP and Chief Economist at Fannie Mae. “Meanwhile the net share of consumers expecting home prices to increase over the next 12 months continues to moderate, dropping by 13 percentage points since this time last year.”Despite the current rising rate environment, the survey found that the net share of consumers who said mortgage rates would drop over the next 12 months rose 1 percentage point to -56 percent.Looking at the larger economic indicators, the report indicated that the net share of Americans who said that their household income was significantly higher than it was 12 months ago rose 5 percentage points to 24 percent. “Consumers’ perception of growth in their household income reached a survey high this month, helping to absorb some of the impacts of increasing mortgage rates on housing market activity,” Duncan said.However, job optimism fell slightly, with the net share of Americans who said they were not concerned about jobs falling 1 percentage point to 77 percent.Click here to read the full report.center_img Previous: Fabrizio & Brook Adds New Attorney Next: Strong Seller’s Market Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily About Author: Radhika Ojha consumers Fannie Mae Home Home Prices Home Sales Homebuyers Homeowners HOUSING 2018-12-07 Radhika Ojha Demand Propels Home Prices Upward 2 days ago Print This Post Fannie Weighs in on Housing Sentiment Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days agolast_img read more

Crown Ambushes FC IfeanyiUbah in Kaduna

first_imgCrown also is playing away in its final match of the season to Bendel Insurance of Benin, and will be hoping to gain confidence from the semi final battle ahead of the match in Benin City on Saturday.Meanwhile, FC IfeanyiUbah’s goalkeeper Ikechukwu Ezenwa has hinted that the Nnewi club will not take Crown FC for granted the clash in Kaduna.“We will not underrate Crown because they have proved to be a very good team after they sent packing teams like Rangers, Wikki and Niger Tornadoes,” said Ezenwa.“We are fully prepared for the match in Kaduna.”The Super Eagles goalkeeper has recovered from an injury he suffered in Sunday’s league game at home against Enyimba.The second semi final of the men’s Federation Cup will hold at the Lekan Salami Stadium, Ibadan on Sunday, October 9 between Enyimba FC and Nasarawa United.The eventual cup winners will represent Nigeria in next year’s CAF Confederation Cup.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Promotion-chasing Crown FC of Ogbomosho has two big games within a few days as the Osun team confronts NPFL side FC IfeanyiUbah in the first semi final of the 2016 men’s Federation Cup competition today.Giant-killers Crown turned back NPFL title-chasing Enugu Rangers among other big conquests on its way to the last four, and would fear no foe when the whistle sounds for hostilities to commence at the Ahmadu Bello Stadium, Kaduna this afternoon.On its part, the Anambra Warriors are also chasing a continental ticket, hoping to fly Nigeria’s flag in either the CAF Champions League or CAF Confederation Cup next year. Ifeanyiubah is currently third on the NPFL table and has a final game away to MFM FC in Lagos on Sunday.last_img read more

10 months agoReal Madrid home crowds now at almost 25-year low

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid home crowds now at almost 25-year lowby Carlos Volcano10 months agoSend to a friendShare the loveReal Madrid home crowds are now at an almost 25-year low.Marca says attendances at the Santiago Bernabeu are dropping with a little over 55,000 watching the game with Rayo Vallecano.It is necessary to go way back to 1994 for a match when Real Madrid has such a poor attendance.Los Blancos have finished the year with a record of 63% victories at home.In total there have been 27 games with 17 victories, five draws and five defeats. last_img

12 days agoSalako: Chelsea better for Zaha than Arsenal

first_imgSalako: Chelsea better for Zaha than Arsenalby Paul Vegas12 days agoSend to a friendShare the loveFormer Crystal Palace star John Salako can see Wilfried Zaha succeeding with Chelsea.Salako, who coaches at Palace, says Chelsea’s game would suit the Ivory Coast star the best.”Of course (there is a concern that he may leave in January). I think Chelsea would probably be the best home for him after their ban,” he told Lovesport Radio.”They really have an exciting young team there and Wilf can come in and add to that. “He may well move there, but Arsenal can also come back with the money. Anything can happen.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img

Georgia 5-Star Wide Receiver Target Kyle Davis Is Very Excited About His Newest Bulldogs Twitter Follower

first_imgGeorgia wide receiver target Kyle Davis tweets about his newest Twitter follower Todd Gurley.Georgia Kyle DavisKyle Davis, a five-star wide receiver ranked the No. 1 player at his position in the 2016 class, has yet to make his college decision. Georgia seems to be in good shape, though. The 6-foot-1, 218-pound prospect out of Lawrenceville, Ga., recently got a new Twitter follower. That follower is a former Georgia Bulldog. And Davis is extremely excited about it. my heart just dropped— KD (@KDSZN) August 4, 2015If Davis gets that excited over getting followed by Todd Gurley, you’d think he’s probably going to end up playing for the star running back’s school. Most recruiting analysts believe Davis will end up at Georgia.last_img

Hot topics with Jeanne Beker

first_imgAdvertisement Twitter Advertisement Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement When you think of TV personalities involved in the Canadian fashion scene, Jeanne Beker is probably one of the first names that pop into your head.The 64-year-old broadcasting icon, who hosted Fashion Television on City (a.k.a. Citytv) from 1985 to 2012, was recently honoured for her achievements with a star on Canada’s Walk of Fame.Aside from Beker, this year’s group of inductees also includes director Deepa Mehta, actor Jason Priestley, musician Corey Hart, Toronto Maple Leafs legend Darryl Sittler and deceased actor Al Waxman. In addition to her work on Fashion Television, Beker has also released fashion lines, written newspaper columns and hosted segments on CTV News, Canada AM and The Marilyn Denis Show. In 2013, she was designated a member of the Order of Canada.If you’re interested in seeing the tributes to Beker and the other inductees, you can watch a broadcast of the gala on Monday night (Dec. 19), which airs on Global at 9 p.m. EST/PST. Login/Register With:last_img read more

G7 labour ministers look to set plan for tech disruption in workforce

first_imgOTTAWA – The Canadian ministers hosting a group of G7 counterparts in Montreal have begun crafting cross-border policies that would help and reassure workers caught in the churn of a dramatically evolving labour market.The most recent estimates provided at the two-day meeting that started Tuesday suggest that up to 15 per cent of jobs in the G7 could disappear because of automation over the next two decades.Automation is expected to generate demand for both high-skilled and low-skilled occupations, resulting in “a hollowing of the middle” marked by declines in jobs requiring a mid-range level of skill, according to details the OECD provided to officials in attendance.Despite high government talk of automation, artificial intelligence and innovation, not everyone has — or will — feel the benefit of the technological changes, said Innovation Minister Navdeep Bains. He said governments want to find ways to clearly demonstrate how “innovation” spending can help the majority of citizens, such as how digital infrastructure advances could help rural and remote communities.A senior European Union official echoed Bains’ words, suggesting the G7 needed to encourage use of artificial intelligence to improve daily lives while affirming the importance of privacy and accountability to maintain trust with workers. Britain’s envoy to Canada highlighted her country’s contribution to the talks in a report focusing on the need to use “genuine innovation” to solve “real-world issues.”“This G7 isn’t about economic growth, it’s also about equality,” Bains said in an interview ahead of the Montreal meeting.“That’s really what innovation is about. We sometimes get really focused on technology and gadgets. I think it’s really important to realize the benefits of innovation.”The Liberals have looked to calm domestic nerves through spending on skills training programs to ensure the programs are “available at any stage or age” so displaced workers can land new jobs, said Labour Minister Patty Hajdu, who is co-hosting the meeting with Bains. But the programs are “not going to be for everyone,” she said, such as older workers nearing retirement age, a growing cohort in this country.Canada has one of the youngest populations in the G7, even as it rapidly ages as more people hit retirement age with fewer replacement workers available as a result of low birth rates. Statistics Canada predicts that the proportion of seniors could, by 2031, equal the level now seen in Japan, which has the oldest population in the G7 with one-quarter of people over age 65.“One of the conversations that keeps coming up at these G7 and G20 meetings is the idea of how to help workers transition (to jobs or retirement) and that there is some fairness and equity in that transition. So we’re very focused on that,” Hajdu said in an interview ahead of the meeting.The Liberals have put their future bets on programs to promote science, technology, engineering and mathematics fields for students, and a program known as CanCode aimed at teaching coding and digital skills to one million students. Bains and Hajdu are touting the measures as they seek matching policies from other G7 nations so the widest number of people possible benefit from technological changes.The two-day meeting on the future of work is one of several Canada will hold this year ahead of the G7 leaders summit in early June in Charlevoix, Que.Hajdu and Bains opened the meeting by outlining the extent of coming technological change, like automation, that could displace workers, as well as the need to craft policies to prepare workers for new jobs.One dominant theme of their remarks was that no one should hold back in talks about dealing with the rise of the “gig” economy — defined by more temporary or freelance jobs — and digital tools that let companies hire workers anywhere in the world.Top federal officials have been wrestling for years with how to deal with such changes and meet the government’s stated goal of “inclusive growth.”A document prepared for a top official at Employment and Social Development Canada last year argued for more flexibility in the social safety net to smooth out the “unemployment risk and unstable earnings” that come with the gig economy.The briefing note from May 2017 also noted a downward shift in unionization rates that “contribute to rising inequality” because unionized workers earn, on average, $4 more per hour than their non-union counterparts. “Civic and political participation” and “level of reliance on basic labour standards” could also be affected by the shift, it adds.The Canadian Press obtained a copy of the document under the Access to Information Act.In the interview, Hajdu didn’t say if Canada would look for new policies to increase unionization rates, but instead pointed to legislation approved last year that repealed Conservative-era policies around financial disclosure rules for unions and unionization rules.— With files from Ross Marowits in Montreal.last_img read more

Draft agreements reached in BC to protect caribou longterm plan in works

first_imgThe other agreement between the federal and provincial government is less developed, he added.“It’s lacking in concrete actions. It’s more about setting out the planning they are going to do and engagement with communities in order to recover caribou,” he said.“There’s some bit and pieces in there of meaningful action like funding for maternal pens but very little in the way of concrete action on the ground.”The caribou recovery process has been ongoing for decades, Burkhart said, adding that while the governments were negotiating these agreements two herds have died out.“So while they’re talking and negotiating, caribou are disappearing.”A lot of caribou habitat has been logged and lost, which has driven down their numbers, he said. VANCOUVER, B.C. – An agreement has been reached between the federal, provincial and two First Nations to offer temporary protection to the central caribou population in British Columbia while a long-term plan is developed.The agreement between B.C., Ottawa, the West Moberly and Saulteau First Nations is one of two agreements announced Thursday.Doug Donaldson, B.C.’s minister of forests, lands, natural resource operations and rural development, said the agreements include tangible measures that are rooted in the “best available science and traditional knowledge.” The measures include additional protected area, establishment of a recovery committee with representatives from the federal and provincial governments as well as First Nations, recreational management, predator control and reduction of disturbances.Donaldson said some local industries might be impacted and the governments will work to ensure that the effects are limited.The B.C. government is seeking consultation and feedback until the end of April on the two draft caribou recovery agreements.The agreements minimize the risk of a federal emergency order, which could see caribou habitat being closed off, resulting in billions of dollars in economic losses and affecting jobs, the province said in a technical briefing.Environment Minister Catherine McKenna said the federal government is working with British Columbia and First Nations to ensure that the southern mountain caribou, a species at risk that is facing imminent threat, gets the help it needs while also providing appropriate support to local communities and workers in B.C.The West Moberly and Saulteau First Nations welcomed the agreement.center_img Chief Ken Cameron of the Saulteau First Nations said it was a “powerful moment in history and a turning point for B.C. and Canada and First Nations.”Chief Roland Willson of the West Moberly First Nations said the caribou recovery program has shown that combining science with Indigenous traditional knowledge can “stop extinctions” and by providing habitat protection, caribou populations can be brought back and given a chance to thrive again.The central caribou population has declined from approximately 800 animals in the early 2000s to about 220 animals, the provincial government said.Tim Burkhart, B.C. program manager of the Yellowstone to Yukon Conservation Initiative, said the agreement that includes the First Nations is a step forward.last_img read more

Fatherstobe who smoke harm babies

first_imgFathers-to-be, take note! Smoking may increase the baby’s risk of developing congenital heart defects – the leading cause of stillbirth, a study has found. Congenital heart affect eight in 1,000 babies born worldwide. Prognosis and quality of life continues to improve with innovative surgeries, but the effects are still lifelong. The findings, published in the European Journal of Preventive Cardiology, suggest that fathers-to-be should quit smoking. Also Read – An income drop can harm brain”Fathers are a large source of secondhand smoke for pregnant women, which appears to be even more harmful to unborn children than women smoking themselves,” said Jiabi Qin, from Central South University in China. “Smoking is teratogenic, meaning it can cause developmental malformations. The association between prospective parents smoking and the risk of congenital heart defects has attracted more and more attention with the increasing number of smokers of childbearing age,” said Qin. Also Read – Shallu Jindal honoured with Mahatma AwardAccording to researchers, this was the first meta-analysis to examine the relationships between paternal smoking and maternal passive smoking and risk of congenital heart defects in offspring. “In fact, smoking in fathers-to-be and exposure to passive smoking in pregnant women are more common than smoking in pregnant women.” The researchers compiled the best available evidence up to June 2018. This amounted to 125 studies involving 137,574 babies with congenital heart defects and 8.8 million prospective parents. All types of parental smoking were associated with the risk of congenital heart defects, with an increase of 74 per cent for men smoking, 124 per cent for passive smoking in women, and 25 per cent for women smoking, compared to no smoking exposure. This was also the first review to examine smoking at different stages of pregnancy and risk of congenital heart defects. Women’s exposure to secondhand smoke was risky for their offspring during all stages of pregnancy and even prior to becoming pregnant. Women who smoked during pregnancy had a raised likelihood of bearing a child with a congenital heart defect, but smoking before pregnancy did not affect risk. “Women should stop smoking before trying to become pregnant to ensure they are smokefree when they conceive,” said Qin. “Staying away from people who are smoking is also important. Employers can help by ensuring that workplaces are smokefree,” he said. “Doctors and primary healthcare professionals need to do more to publicise and educate prospective parents about the potential hazards of smoking for their unborn child,” said Qin.last_img read more

Micromax refreshes its budget lineup in India

first_imgNew Delhi: Micromax Informatics on Friday launched its budget #iOne smartphone with notch display in India for Rs 4,999. Targeted towards new-age consumers, the device comes with 19:9 screen, a 2200mAh battery and a 5MP+5MP dual rear camera with over nine shooting modes. “Our newest #iOne Notch Display hosts a 19:9 screen that ensures more content is displayed without the edges being cut,” Sunil Joon, Head Strategy, Micromax Informatics Ltd, said in a statement. The Micromax #iOne is the first UNISOC SC9863 octacore chipset-powered smartphone in India. The device sports 2GB RAM and 16GB ROM, with support for 128GB memory card. The smartphone runs Android Pie operating system (OS).last_img