Higher defaults in 4Q follow storms and historic low rates

On Tuesday, Clear Lake’s boys basketball team will play in the Iowa High School Basketball Tournament for the. Their previous admittance ended quickly, as the Lions were trounced by Storm Lake.

When long-term interest rates are very low, the future returns that a pension fund can earn on long-term low-risk bonds are _____ if the bonds are held to maturity; if the bonds are not held to maturity, there is _____ potential for their prices to increase.

Application activity increases on a slight decline in rates Mortgage Applications Face a Slight Decline.. increase in the Refinance share of mortgage activity from 38.7 percent of total applications during the previous week to 38.9 percent. There was a decrease to 6.1 percent of total applications in the adjustable rate mortgage (ARM) share of activity.

levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changes in laws and regulations, including tax

Models called for the surface low to gradually weaken as it heads across Iowa and Wisconsin by Friday. While this storm did not reach the depths of low pressure attained by the March storm, it’ll.

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Equity-rich properties rise as fewer go underwater Report methodology. The ATTOM Data Solutions U.S. Home Equity & Underwater report provides counts of residential properties based on several categories of equity – or loan to value (LTV) – at the state, metro, county and zip code level, along with the percentage of total residential properties with a mortgage that each equity category represents.

Storm after storm. unloading copious amounts of low elevation rain and high elevation snow. [A mega moisture plume’ stretches all the way from southern Japan to Washington state] The most.

After the Storm: Higher Defaults in 4q. 0. february 12, 2018. Categories. those increases followed what had been a historic low of 4.24% in. Borrowers with federal housing administration loans were particularly affected by the storms, as the overall rate increased 98 basis points and the.

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Mortgage Delinquency Rate Up in 4th Quarter Feb 8, 2018.. Mitigating factors include low unemployment and increasing home equity levels that provide homeowners with more options to cure a potential default." "Storm-related foreclosure moratoria continue to play a large factor in keeping.

A record low temperature. of high pressure that originated from northern Canada is driving the cold, Canadian air southward into the Northeast. “At the same time, a buckle in the jet stream will.

Follow to get new release updates and improved recommendations About Erik Larson Erik Larson is the author of five national bestsellers, including The Devil in the White City and In the Garden of Beasts, which have collectively sold more than 6.5 million copies.