Gauging Millennial Homebuying Knowledge

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Gauging Millennial Homebuying Knowledge Demand Propels Home Prices Upward 2 days ago Share Save in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Gauging Millennial Homebuying Knowledge Tagged with: Homebuyers Millennials mortgage Previous: Can Having Mortgage Debt be Good for You? Next: Making Passive Investments in Real Estate Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Homebuyers Millennials mortgage 2019-08-20 Seth Welborn  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago August 20, 2019 1,203 Views About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago Subscribe Are millennials falling behind on homeownership? According to a new report from LendEDU, millennials that are not yet homeowners to see may lack some knowledge about key details of buying a home and obtaining a mortgage.According to LendEDU’s survey most millennials, between the ages of 23 and 38, are homeowners, at 58%, and 89% of the remaining respondents said they wish to become homeowners at some point in their life. Additionally, the majority of respondents (65%) think they can become homeowners within the next five years.The biggest obstacles for these millennials who have not yet become homeowners are low incomes and a lack of savings.“Monthly mortgage payments can get quite steep and require a serious financial commitment that usually calls for having at least three months worth of payments stowed away in savings, so this result makes sense,” said LendEDU.Other factors holding millennials back included “poor credit” (17%), “overwhelming student loan debt” (10%), “other debt” (6%), and “overwhelming credit card debt” (5%).LendEDU also examined how the 2008 financial crisis impacted the homebuying decisions of millennials. According to the survey, 13% of millennials that have no desire to ever become homeowners cited the 2008-09 financial crisis as the reason for that lack of desire. LendEDU states that though this is not a large portion, it is large enough to take notice.Yet another factor holding back young potential homebuyers is the complicated mortgage buying process. LendEDU survey states that 55% of millennial respondents stated their lack of knowledge on homeownership and mortgages has prevented them from being a homeowner. One piece of information millennials lack is the down payment amount. On average, millennials are overestimating the amount needed for a down payment, stating that 37% of the home’s total purchase price was necessary. In reality, a 20% down payment is ideal and seen as the status quo mortgage down payment percentage, and a home-buyer can actually make a down payment as low as 3%. Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

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2018 Ripley County Basketball Hall Of Fame Class

first_imgCongratulations to the 2018 Ripley County Basketball Hall of Fame class as reported by Ron Raver.  Dan Kerker and Shelly Meyer Prickel of Batesville, Gene Wagner of Holton, Larry Bauman of Sunman, and Ryan Sparks of Jac-Cen-Del.This group will be introduced between the Boys Concellation and Championship games of the Ripley County Tournament held in Batesville on Saturday, January 6th. They will then be honored at a banquet at the Batesville Middle School Commons the second Saturday of May.last_img read more

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Met Eireann issue weekend wind warning for Donegal

first_imgMet Eireann has issued a weather alert for Donegal.The status yellow wind warning will be in place from today (Sat) at 9am until Sunday at 3am.It reads: “South to southwest winds will reach mean speeds between 50 and 65 km/h at times, with gusts between 90 and 100km/h. Winds will be strongest along coasts.” One year after Storm Emma hit Ireland, this weekend is set to be cold, windy and rainy.Two other counties, Galway and Mayo have also been issued with the wind warning.Tomorrow will be a windy day all across the country.Met Eireann issue weekend wind warning for Donegal was last modified: March 2nd, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalMet EireannWarningwindlast_img read more

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Competition: Win lunch for two at Miiwa in O’Hehir’s Letterkenny

first_imgO’Hehir’s Bakery in Letterkenny has launched a brand new Asian menu, Miiwa, which is already spicing up mealtimes on the Main Street.The new menu is exclusive to Letterkenny, giving customers a taste of real Asian food with authentic dishes like Sweet ‘N’ Sour, Thai Green Curry, and a super Spice Bag.MIIWA at O’Hehir’s LetterkennyWith fresh ingredients, great options and delicious student deals, it’s time wok on up and try it for yourself. COMPETITIONDonegal Daily has teamed up with O’Hehir’s Letterkenny to give one lucky person the opportunity to WIN lunch for 2 from their tasty new menu!All you have to do is visit the Facebook post here: https://www.facebook.com/donegaldaily/Competition open until 9th April 2019.Competition: Win lunch for two at Miiwa in O’Hehir’s Letterkenny was last modified: April 4th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:asian foodcompetitionMIIWAO’Hehir’s Letterkennylast_img read more

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Springboks do South Africa proud

first_imgSpringbok wing Bryan Habana after scoring his third try in the match against USA, which drew him level with Jonah Lomu’s record of 15 World Cup tries. (Image: World Rugby via YouTube)Johannesburg, Wednesday 7 October 2015 – The Springboks have once again flown the South African flag proudly in their fourth and final Group B match of the 2015 Rugby World Cup.With this successful game against the USA, the Springboks now lead the South African charge into the quarter finals of the Rugby World Cup.Congratulating the team on their outstanding success in their match against the USA, Brand South Africa’s CEO Kingsley Makhubela said, “Our team in green and gold carried the hopes of the South African nation into the Olympic Stadium in London and emerged with a splendid victory.”“Your valiant spirit and unwavering determination on the sports field embodies the resilience and tenacity of the South African nation. Your excellent teamwork highlights the way South Africans come together to achieve to do great things for our country. Brand South Africa and the South African nation salute you and wish you well in your next encounter in the quarter finals of the Rugby World Cup. We stand with you wherever we are,” concluded Mr Makhubela.last_img read more

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Article 370: extremist groups call for boycott of Independence Day celebrations

first_imgThe dilution of Article 370 and the bifurcation of Jammu and Kashmir into two Union Territories have made two extremist groups in the northeastern region come together and give a call to boycott the Independence Day celebrations on August 15.The two groups are the Coordination Committee, or CorCom, an umbrella organisation of six Manipur-based extremist outfits, and the United Liberation Front of Asom-Independent, which formed the United National Liberation Front of Western South East Asia with several non-Manipuri groups in the region four years ago.“The outrageous scrapping of Article 370 of the Indian constitution and the bifurcation of Jammu and Kashmir without the consent of the people of the State show India’s arrogance and blatant disregard for democratic principles,” the two groups said in a statement. “Shutting down of the State machinery and the house arrest of prominent leaders portend the kind of… policies that would be applied to the people of the northeastern region as well. Freedom from India’s colonial yoke is the only way to save ourselves from being swallowed by Hindustan,” the statement said.‘Enhanced Hinduisation’The two groups said the political control of India by the BJP has “enhanced the Hinduisation process rapidly”.The “Modi government is bent upon re-introducing” the Citizenship (Amendment) Bill to forcibly “make the northeastern region a part of the Hindutva empire,” they said.last_img read more

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IPL not good for cricket, players are slaves to it: Ian Botham

first_imgThe former England captain Ian Botham feels that IPL is too powerful for the good of cricketFormer England captain Ian Botham has branded the Indian Premier League(IPL) as “too powerful” for the good of cricket and believes that it should not exist.Delivering the Marylebone Cricket Club(MCC) Spirit of Cricket Cowdrey Lecture at Lord’s Wednesday night, Botham said the IPL provided the “perfect opportunity for betting and, therefore, fixing” and asked the International cricket Council(ICC) to do more to expose the “big names” involved.”I’m worried about the IPL – in fact, I feel it shouldn’t be there at all as it is changing the priorities of world cricket. Players are slaves to it. Administrators bow to it. How on earth did the IPL own the best players in the world for two months a year and not pay a penny to the boards who brought these players into the game,” said Botham.The legendary all-rounder feels IPL is too powerful for the long-term good of the game.”I know this has been modified to a degree, but it is still an imbalance. The IPL is too powerful for the long-term good of the game. Corruption is enough of a problem in itself, but the IPL compounds that problem given it provides the perfect opportunity for betting and, therefore, fixing,” he said.The 58-year-old said the ICC’s Anti-Corruption Unit must expose the big names, who were involved in corruption in the IPL.”We have seen a few players exposed, but does throwing the odd second XI player into jail solve it? To kill the serpent, you must cut off its head. The ICC Anti-Corruption Unit must pursue the root of the problem and, if necessary, expose the big names,” he said.advertisementBotham feels that central contracts have made some England players too “cosy” and also called on the government to promote the game more in schools.”Central contracts are brilliant, but it has now become so essential to the England player that the sharpness goes,” he said. “A long contract is a cosy contract. To play international sport, above all else – above even freshness and rest – you must have desire. Hunger is still the most important attribute for any sportsman.”Botham was upset to see how little the government is doing for the sport and called on Prime Minister David Cameron to make a change.”Why aren’t the Government focusing on sport as a necessity in the school curriculum,” he said. “This subject drives me insane. I feel it is my duty to point out the problems that face sport in schools, and specifically cricket.”The problem is now that schools are too big and there is no personal touch with the teachers. And as schools get bigger, one of the things you lose are your playing fields,” he added. “Come on David Cameron – when I came to Downing Street to meet you, you made all the right noises and promised to come back to me with your ideas. I’m still waiting.”last_img read more

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Bernard Tomic does not meet the standards of behaviour: Tennis Australia

first_imgTennis Australia has slammed Bernard Tomic for trying to damage the image of the country’s Davis Cup team. Tomic has time and again lashed out at Lleyton Hewitt, saying Australia’s Davis Cup captain is causing division among the players.Tomic triggered the war of words after being dumped from the Australian Open first round. At his post-match media conference, he called for twice Grand Slam champion Hewitt to be replaced as Davis Cup captain and accused him of favouritism in the awarding of wildcards to the Australian men’s players in the draw.”No one likes him [Lleyton Hewitt] anymore. We have a lot of issues that not a lot of players are happy about… he’s doing the wrong thing and everyone’s leaving,” Tomic had said during the Australian Open last month.Tomic played Davis Cup for 10 years but hasn’t played consistently since Hewitt has been in charge of the team. He was also not part of Australia’s Davis Cup tie against Bosnia and Herzegovina.”Lleyton’s legacy and his tennis speaks for itself. He’s an unbelievable champion,” Tomic said. “But what he’s doing now is wrong.”Last year at the Australian Open, Hewitt countered Tomic’s claim that Australia couldn’t win without him by saying he doubted Tomic would play again under his captaincy.Hewitt has also alleged that he had been blackmailed and physically threatened by Tomic.”Deeply disappointed with the ongoing disrespect from Bernard and his father,” Tennis Australia chief Craig Tiley.”Lleyton is right to say Bernard will not be considered for Davis Cup. Bernard does not meet the standards of behaviour and commitment to himself, the team or the sport,” said Tiley.advertisement”Now, he is deliberately trying to damage that culture — and not for the first time.”We have given [Tomic] more than a decade of support. Ultimately, we have to draw a line when the behaviour does not warrant the support.”Bernard’s father, John, has threatened taking legal action against Hewitt for an incident in 2010.He has alleged Hewitt came to his son’s hotel room during Australia’s Davis Cup tie against Taiwan in March 2010 and pressured him to reveal who from Tennis Australia was telling him what to say publicly.”In regards to John Tomic’s recent claim in the media about an alleged incident in 2010, we are not aware of any formal complaint lodged by either John or Bernard,” he said.”Both Bernard and John have enjoyed a lot of support since in many areas of their lives — including a long and sustained period of personal commitment and whole-hearted effort from Lleyton Hewitt as Davis Cup captain.” Tomic.Also Watch:last_img read more

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Navios Partners Reports Quarterly FullYear Losses

first_imgzoom Greek owner and operator of dry bulk and container vessels Navios Maritime Partners wrapped up the fourth quarter of 2017 with a loss of USD 22.8 million, compared to a loss of USD 2.1 million in the corresponding period a year earlier.Net loss for the year ended December 31, 2017, was USD 14.9 million, against a loss of USD 52.5 million posted a year earlier.Revenue for the fourth quarter of 2017 was USD 59.3 milllion, up from USD 49.7 million seen in the same quarter of 2016.Furthermore, revenue for 2017 rose to USD 211.7 million from USD 190.5 million reported in 2016.During 2017, Navios Partners acquired seven drybulk vessels with an average age of 7.4 years for USD 156.2 million. The vessels had a combined capacity of 925,832 dwt.Also in 2017, the company disposed of two older vessels, Navios Gemini S and Navios Apollon, for a sale price of USD 4.1 million and USD 4.8 million, respectively.Moreover, Navios Partners inked a 10-year bareboat charter-in agreement for a Kamsarmax vessel of approximately 81,000 dwt, with the option to acquire the vessel after the end of the fourth year. The vessel is expected to be delivered within the second half of 2019.In Janury 2018, the company agreed to buy two 2006-built Panamaxes for USD 22 million. The vessels are expected to be delivered to Navios Partners’ owned fleet within the first quarter of 2018. The company will finance the acquisition with cash on its balance sheet and USD 14.3 million bank debt maturing in 2023 and bearing interest at LIBOR plus 300 bps per annum.Commenting on the quarterly and full-year results, Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, said: “Navios Partners is a dynamic growth platform, with favorable operating costs and no near-term cash requirements. We have been investing in the future by enlarging and renewing our drybulk fleet; during the past 12 months, Navios Partners expanded its drybulk fleet by 37% and reduced the average age of this fleet by 12%.”“In a recovering market, we are positioned to generate significant free cash flow,” Frangou added.Navios Partners currently operates 37 vessels with a carrying capacity of 4.2 million tons and an average age of 9.8 years on a dwt basis, the company’s data shows.last_img read more

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