Minneapolis Mortgages – Himspairport http://himspairport.com/ Sun, 16 Jan 2022 07:05:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://himspairport.com/wp-content/uploads/2021/05/default.png Minneapolis Mortgages – Himspairport http://himspairport.com/ 32 32 Best analyst reports for Lowe’s, Southern Company and Freeport-McMoRan https://himspairport.com/best-analyst-reports-for-lowes-southern-company-and-freeport-mcmoran/ Thu, 13 Jan 2022 16:10:00 +0000 https://himspairport.com/best-analyst-reports-for-lowes-southern-company-and-freeport-mcmoran/ Thursday, January 13, 2022 Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Lowe’s Companies, Inc. (LOW), The Southern Company (SO) and Freeport-McMoRan Inc. (FCX). These research reports have been handpicked from the approximately 70 reports published today by our […]]]>

Thursday, January 13, 2022

Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Lowe’s Companies, Inc. (LOW), The Southern Company (SO) and Freeport-McMoRan Inc. (FCX). These research reports have been handpicked from the approximately 70 reports published today by our team of analysts.

You can see all today’s research reports here >>>

Lowe’s shares have gained +15.8% over the past three months, roughly in line with Zacks Building Products – Retail’s +15.3% gain. The Zacks analyst believes the company remains well positioned to capitalize on demand from the home improvement market, supported by investments in technology, the commodity category and strength in the Pro business.

Lowe’s reported strong third-quarter fiscal 2021 results, in which both the high and low topped the Zacks consensus estimate and rose year-over-year. Results benefited from the good execution of strategies, including the Total Home strategy. The Total Home strategy resonated well with Pro and DIY customers. The focus on productivity has helped the company increase its margins.

Additionally, Lowes.com sales increased 25% in the third fiscal quarter. Management is committed to improving Pro offerings, growing the company’s market share and increasing operating margin.

(You can read the full research report on Lowe’s here >>>)

Shares of Southern Company outperformed the Zacks Utility – Electric Power industry over the past year (+14.8% vs. +6.7%). The Zacks analyst believes that by taking advantage of the demographics of its operating territories, such as healthy population and employment growth, Southern Company has gradually increased its customer base. With good rate base growth and constructive regulation, the utility is expected to deliver steady growth in earnings and dividends over the next few years.

However, its high leverage, as well as ongoing time and cost overrun issues on its Vogtle project, are major overhangs. While the power utility holding company’s 60.9% debt ratio limits financial flexibility, its $25 billion Vogtle nuclear plant has already exceeded budget and is years behind schedule. Therefore, Southern Company justifies a cautious attitude on the part of investors.

(You can read the full Southern Company research report here >>>)

Freeport-McMoRan shares have gained +21.6% over the past three months against the industry’s -1.4% decline Zacks Mining – Non Ferrous. The Company conducts exploration activities near existing mines to expand reserves. The Zacks analyst believes the company should benefit from progress in exploration activities which will increase production capacity.

Freeport’s Lone Star project offers additional benefits. The company is also well positioned to benefit from automotive electrification, which is positive for copper as electric vehicles are copper-intensive. The rise in copper prices should also support its margins. The company’s efforts to reduce its debt are also encouraging.

However, the company is facing headwinds due to rising energy and freight costs. Higher costs could hurt its margins. Another concern is the recent weakness in copper demand in China amid slowing economic growth.

(You can read the full research report on Freeport-McMoRan here >>>)

Other noteworthy reports we feature today include Netflix, Inc. (NFLX), Cenovus Energy Inc. (CVE) and Molina Healthcare, Inc. (MOH).

Sheraz Mian

Director of Research

Note: Sheraz Mian leads the equity research department at Zacks and is a well-known expert on overall earnings. He is frequently quoted in the written and electronic press and publishes the weekly Earnings trends and Earnings Overview reports. If you would like to receive an email notification whenever Sheraz publishes a new article, please click here>>>

To read today

Lowe’s (LOW) Omnichannel Efforts and Professional Business Bode Well

Southern Company (SO) driven by the regulated growth of its customer base

Exploration progress, debt reduction to help Freeport (FCX)

Featured Reports

Cenovus (CVE) will benefit from the sale of Tucker’s Alberta assets
The Zacks analyst is bullish on Cenovus’ divestiture of Tucker’s thermal asset, which will improve its ability to increase shareholder returns.

Help for Hawaiian Electric (HE) investments, COVID impacts are affected
Systematic investment in utility infrastructure development projects has boosted Hawaiian Electric, according to the Zacks analyst.

Strong bandwidth demand helps Ciena (CIEN) amid COVID-19 woes
According to the Zacks analyst, increasing network traffic, demand for bandwidth and the adoption of cloud architectures are adding to Ciena’s momentum.

Revenue growth, lower costs Aid Molina Healthcare (MOH)
According to the Zacks analyst, Molina Healthcare’s revenue surge can be attributed to strong premium income and solid membership growth. Efforts to control costs have boosted its margins.

Growth in fee income helps UMB Financial (UMBF) amid high costs
According to the Zacks analyst, the steps taken by UMB Financial to diversify its operations and improve its revenue-generating capabilities will increase commission income.

Strong Housing Demand Helps PulteGroup (PHM) Amid Supply Difficulties
According to the Zacks analyst, strong demand trends, rising prices and a focus on entry-level buyers are benefiting PulteGroup. Yet disruptions in the manufacture and supply of building products are of concern.

Robust Content Helps Netflix (NFLX) Amid Fierce Competition
According to the Zacks analyst, Netflix’s strong content portfolio is driving subscriber additions, helping it gain market share from Disney+, Apple TV+, HBO Max and Peacock.

New upgrades

E-Commerce Growth and CAM Segment Helps Air Transport (ATSG)
According to the Zacks analyst, the performance of the CAM segment is encouraging. Additionally, strong e-commerce demand is positive for air travel (ATSG).

AMN Healthcare (AMN) continues to benefit from acquisitions
The Zacks analyst is optimistic about AMN Healthcare strengthening its inorganic following via buyouts. An expanded portfolio meeting diverse and growing healthcare talent needs is also cause for optimism.

Capri Holdings (CPRI) Digital Efforts to Help Top Line
The Zacks analyst said the deployment of resources to upgrade the distribution infrastructure and e-commerce platform bodes well for Capri Holdings. E-commerce sales grew by double digits in the second quarter.

New downgrades

Competition for Halozyme’s partner drugs (HALO) on the rise
According to the Zacks analyst, Halozyme derives its revenue from royalties on sales of drugs developed using ENHANZE technology. Some drugs are facing increasing competition from biosimilars, hurting its topline.

Cost and volume issues hurt prospects for Canadian Pacific (CP)
The Zacks analyst worries about escalating operating expenses, which are hurting the company’s bottom line. Lower volume growth expectations are also a downside.

Growing competition and rising spending are hurting Alibaba (BABA)
According to the Zacks analyst, Alibaba faces intense competition in the e-commerce market. Additionally, the higher costs associated with new initiatives remain an overhang.

Bitcoin, like the internet itself, could change everything

Blockchain and cryptocurrency have sparked one of the most exciting topics of discussion of a generation. Some call it the “Internet of Money” and predict that it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree that we are still in the early stages of this technology and as it develops, it will create several investment opportunities.

Zacks just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and other cryptocurrencies with far less volatility than buying them outright.

See 3 Crypto-Related Stocks Now >>

Click to get this free report

Southern Company The (SO): Free Stock Analysis Report

Netflix, Inc. (NFLX): Free Stock Analysis Report

FreeportMcMoRan Inc. (FCX): Free Stock Analysis Report

Lowe’s Companies, Inc. (LOW): Free Stock Analysis Report

Molina Healthcare, Inc (MOH): Free Stock Analysis Report

Cenovus Energy Inc (CVE): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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5 regional bank earnings charts to watch next week https://himspairport.com/5-regional-bank-earnings-charts-to-watch-next-week/ Thu, 13 Jan 2022 15:55:00 +0000 https://himspairport.com/5-regional-bank-earnings-charts-to-watch-next-week/ The fourth quarter earnings season is upon us. Most just want to jump into 2022, but many companies will provide guidance for this year. This will be invaluable as the pandemic continues to rage around the world, but the recovery is also progressing. It always starts with the big banks like JPMorgan and Bank of […]]]>

The fourth quarter earnings season is upon us.

Most just want to jump into 2022, but many companies will provide guidance for this year. This will be invaluable as the pandemic continues to rage around the world, but the recovery is also progressing.

It always starts with the big banks like JPMorgan and Bank of America.

But the regional banks will also start reporting earnings over the next week and they are just as important in a rising rate environment as the big banks.

However, there are dozens of regional banks. How do you know which ones to watch?

These 5 banks have surprisingly good earnings results.

They beat everything throughout the pandemic.

Shares are also trading near new 52-week highs.

Will they continue this momentum?

5 regional bank earnings charts to watch

1. PNC Financial Services Group PNC

PNC Financial has a market capitalization of $93.9 billion. This Pittsburgh-headquartered bank is a major asset management company.

PNC Financial has beaten 5 quarterbacks in a row and just missed twice in the last 5 years.

The shares are up 41% from a year ago and hit new highs, but PNC Financial is still priced attractively with a forward P/E of 15.6.

It pays a dividend which currently yields 2.3%.

Should PNC Financial be on your shortlist?

2. Comerica Inc. CMA

Comerica has a market cap of $12.7 billion. This Texas-headquartered bank also has a strong presence in Michigan, Arizona, California and Florida, all strong regional economic markets.

Comerica has a good record of surprise results, having beaten 6 quarters in a row.

The shares are up 58.2% over the past year and are at 3-year highs.

Comerica is still attractively priced, with a forward P/E of 16.6. It pays a dividend of 2.8%.

Will Comerica beat this quarter again?

3. KeyCorp KEY

KeyCorp has a market cap of $24.4 billion. This regional bank is headquartered in Cleveland and has a major financial services business.

KeyCorp has only failed once in the past 5 years, and that was in 2019. That’s an impressive record.

Stocks have risen 44% over the past year, but remain cheap, with a forward P/E of 12.9.

It pays a dividend, which currently yields 3%.

Will KeyCorp keep busting after this earnings report?

4. OZK Bank OZK

Bank OZK is the smallest of the regional banks on this list with a market capitalization of $6.5 billion. Based in Little Rock, Arkansas, Bank OZK specializes in home loans.

It has beaten estimates 6 quarters in a row.

OZK Bank shares have gained 50% in the past year and are at 3-year highs, but are still trading with a forward P/E of just 13.1.

It also pays a dividend, which currently yields 2.3%.

Tracey owns Bank OZK in her personal wallet.

Does it have more room to operate in 2022?

5. US Bancorp USB

US Bancorp has a market cap of $91 billion. Based in Minneapolis, it offers standard banking products such as investments and mortgages.

US Bancorp has an outstanding track record of surprise results. It has not failed for 5 years. That’s incredibly impressive considering everything that’s happened during this time, including the pandemic.

The shares are up 24% over the past year and are trading near 5-year highs.

But US Bancorp is still cheap, with a forward P/E of 13.9.

It also pays a dividend, which currently yields 3%.

Will it pop on this earnings report?

Bitcoin, like the internet itself, could change everything

Blockchain and cryptocurrency have sparked one of the most exciting topics of discussion of a generation. Some call it the “internet of money” and predict that it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree that we are still in the early stages of this technology and as it develops, it will create several investment opportunities.

Zacks just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and other cryptocurrencies with far less volatility than buying them outright.

See 3 Crypto-Related Stocks Now >>

Click to get this free report

The PNC Financial Services Group, Inc (PNC): Free Stock Analysis Report

Comerica Incorporated (CMA): Free Stock Analysis Report

US Bancorp (USB): Free Stock Analysis Report

KeyCorp (KEY): Free Stock Analysis Report

Bank OZK (OZK): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Freddie Mac’s AIMI Shows Favorable Multifamily Investing https://himspairport.com/freddie-macs-aimi-shows-favorable-multifamily-investing/ Wed, 12 Jan 2022 15:00:00 +0000 https://himspairport.com/freddie-macs-aimi-shows-favorable-multifamily-investing/ MCLEAN, Va., Jan. 12, 2022 (GLOBE NEWSWIRE) — The Freddie mac (OTCQB: FMCC) Multi-Family Apartment Investment Market Index® (LOVE®) remained positive in the third quarter of 2021, driven by growth in net operating income (NOI), strengthening the investment environment for multifamily properties. Overall, the index is up 2.6% quarterly and 3.5% annually, with every market […]]]>

MCLEAN, Va., Jan. 12, 2022 (GLOBE NEWSWIRE) — The Freddie mac (OTCQB: FMCC) Multi-Family Apartment Investment Market Index® (LOVE®) remained positive in the third quarter of 2021, driven by growth in net operating income (NOI), strengthening the investment environment for multifamily properties. Overall, the index is up 2.6% quarterly and 3.5% annually, with every market examined posting a positive third quarter figure for the first time since 2019. Mortgage rates, a component of the index, decreased by 5 bases during the quarter. points, offsetting the 5bps increase in the last quarter, but remain down 37bps year-over-year.

“Propelled by strong net operating income growth and low rates, this quarter’s AIMI shows a positive environment for multifamily investors in most markets,” said Steve Guggenmos, vice president of Multifamily Research & Modeling. “Markets across the country are rebounding strongly from the impact of COVID-19, including those hardest hit by the pandemic.”

During the quarter, AIMI grew domestically and in all 25 markets.

  • The growth of the NOI has been universally positive for the markets and the country. The NOI rose fastest in New York and Tampa, at 13.2% and 11.5%, respectively. Even the slowest-growing metro area, Minneapolis, saw strong growth of 3.8%.
  • Real estate prices rose across the country and in 24 of the 25 markets; New York is the only metropolis to experience a decline of -1.8%.
  • Mortgage rates remained relatively stable, decreasing by 5 basis points, reversing the 5 basis point increase observed in the last quarter.

During the year, AIMI increased nationwide and in 23 markets, while markets in Jacksonville, Florida and Minneapolis saw modest declines in AIMI.

  • The NOI increased in the country and in all 25 markets. Two markets have seen the NOI grow by 25% or more over the past year: Tampa and Phoenix saw NOI growth of 25.0% and 27.4% respectively. The weakest NOI growth over the past year was seen in San Francisco at 1.7%.
  • The nation and all but one market saw growth in real estate prices. New York is the only market that has seen real estate prices fall.
  • Mortgage rates have fallen by 26 basis points over the past year.

In addition to national and local values, a sensitivity table is available that captures how the index value adjusts to changes in some underlying variable. Additional information about AIMI is on the Freddie Mac Multifamily website, including Faq and one video.

AIMI is an analytical tool that combines multifamily rental income growth, house price growth and mortgage rates to provide a single index that measures multifamily market investment conditions. A rise in AIMI quarter over quarter implies an increasingly favorable environment for multifamily investment opportunities, while a decline suggests that attractive investment opportunities are becoming harder to find relative to the previous period.

Freddie Mac Multifamily helps ensure an abundant supply of affordable rental housing by purchasing and securitizing mortgages on apartment buildings nationwide. About 90% of mortgages purchased support rental housing for households earning 120% of the region’s median income or less. Freddie Mac securitises about 90% of the multi-family loans it purchases, thereby transferring the majority of expected credit risk from taxpayers to private investors.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our founding by Congress in 1970, we have made housing more accessible and affordable for buyers and renters in communities nationwide. We are building a better housing finance system for buyers, renters, lenders and ratepayers. Learn more about FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.

MEDIA CONTACTS:
mike morosi
(703) 918-5851
Michael_Morosi@FreddieMac.com
Erin Mancini
(703) 903-1530
Erin_Mancini@FreddieMac.com

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Another hot year expected in local real estate https://himspairport.com/another-hot-year-expected-in-local-real-estate/ Mon, 10 Jan 2022 18:29:21 +0000 https://himspairport.com/another-hot-year-expected-in-local-real-estate/ Even though it’s a cold winter, the Yakima real estate market remains warm with more homes now available in the local market. More homes are now on the market and the list is growing According to Cory Bemis, owner of Yakima’s John L. Scott Real Estate, this is the biggest news in the business. He […]]]>

Even though it’s a cold winter, the Yakima real estate market remains warm with more homes now available in the local market.

More homes are now on the market and the list is growing

According to Cory Bemis, owner of Yakima’s John L. Scott Real Estate, this is the biggest news in the business. He says the number of homes currently for sale rose to 406 in December 2021. This is 71% more than the 237 homes that were actively for sale a year ago in December 2020. Bemis says “look for that number. continues to rise slowly through 2022 as higher interest rates help reduce buyer demand. ”If you were looking for a home last year, the median home selling price in 2021 was $ 323,000. This is a 17% increase over last year when the price was $ 276,000. Home sales increased 16% in 2021 with a total of 2,265 homes sold.

Even though it was December, many people still moved into new homes

As for the month of December. 191 homes sold last month. This is a decrease of 2.6% from the 196 homes sold in December 2020.
According to MortgageNewsDaily.com, 30-year fixed rate mortgages have an average interest rate of 3.5% right now. This is 0.64% more than a year ago.

The past two years have seen gains across the board in the local real estate market and there is no sign of the market slowing down for anything including COVID-19.

WATCH: Famous historic homes in every state

See inside: the luxurious $ 3.5 million rural Aaron Lewis castle

WATCH: Here are America’s 50 Best Beach Towns

Each beach town has its own set of pros and cons, which got us thinking about what makes a beach town the best place to live. For the knowledge, Stacker consulted WalletHub data, published on June 17, 2020, which compares American seaside towns. Ratings are based on six categories: affordability, weather, safety, economy, education and health, and quality of life. Cities had a population of 10,000 to 150,000, but they had to have at least one local beach listed on TripAdvisor. Read it full methodology here. From these rankings, we have selected the top 50. Readers who live in California and Florida won’t be surprised to learn that many of the cities featured here are in one of these two states.

Read on to see if your favorite beach town has made the cut.

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What if school integration was not the key to equity in education? https://himspairport.com/what-if-school-integration-was-not-the-key-to-equity-in-education/ Fri, 07 Jan 2022 21:09:19 +0000 https://himspairport.com/what-if-school-integration-was-not-the-key-to-equity-in-education/ It is assumed that black children attending integrated schools will benefit from more resources, but … [+] the evidence is unclear and other interventions may be more effective. getty Would integration improve outcomes for the most vulnerable students, as many assume? Or would it be more effective to change the standard classroom practices that hold […]]]>

Would integration improve outcomes for the most vulnerable students, as many assume? Or would it be more effective to change the standard classroom practices that hold these students back, no matter who their classmates are?

Public schools have become increasingly separate since the 1970s, if you measure this by the isolation of non-white, poorer students from their richer white peers. In 2018, for example, 40% of black students attended a school where 90% more of their peers were also students of color. A recent report from the Urban Institute traced this back to government redlining practices in the New Deal era, which characterized black neighborhoods as “unsafe” for mortgages.

The report advocates a simple solution to at least part of this injustice: slightly shifting school boundaries within districts so that neighboring schools become more integrated. Changes to school boundaries have been controversial in the past. But, according to the author of the report, things are different now and fears of a “white leak” are overblown.

But even in politically liberal communities, the issue has sparked opposition. In Minneapolis, boundary changes led to home sales and an exodus to charter or suburban schools. In Montgomery County, Maryland, a study of possible changes was enough to spark a heated debate.

Even if families in a school district adopted boundary changes, it was estimated that this would reduce overall segregation by only about a third. To do more, authorities should cross the lines separating urban and peri-urban neighborhoods. This would require overcoming serious legal obstacles.

Some have resorted to shaming “nice white parents,” as the title of an influential podcast series puts it, accusing them of hypocrisy if they profess a belief in inclusion but send their children to school. . predominantly white.

Both the advocacy for boundary changes and the shame are based on the belief that inclusion has improved outcomes for black students in the past. The most frequently cited study is that of economist Rucker C. Johnson, who examined school integration efforts in the 1970s and 1980s. He found that black students who attended integrated and well-funded schools were much more likely to attend good colleges, earn more money, and enjoy better health as adults, while their chances of incarceration were significantly reduced.

But other research has questioned these findings. Recently, for example, four economists analyzed data on black adults aged 25 to 65 in 1979-1980. They discovered that black students who attended principally white high schools performed better, but those who attended high schools where the races were more or less equally balanced finished less Years of study than those in predominantly black schools. The share of white students made no difference in the employment or home ownership rates of black adults.

What to do with all this? Some points :

· These two studies are based on data from over 40 years.

All sorts of things may have changed since then, so it would be best to rely on more recent research.

· More recent research, alas, also goes both ways.

Some have found it beneficial, but it is difficult to separate family factors from the influence of schools. A 2018 study that checked student backgrounds found that the socio-economic makeup of a school had little impact on test scores.

· Integrating schools does not necessarily mean Classroom will be integrated.

A study in North Carolina found that segregation in schools, often referred to as tracking, accounted for up to 40% of all racial segregation in the state, and it was most common in counties with greater integration at the school level.

The study also indicated that follow-up was more frequent at higher levels. But it is also a common practice in elementary-level classes, where it’s called “graded reading” or in math, just “pooling”. It may make sense for some purposes, but using it regularly to teach reading comprehension leads to follow-up in higher grades.

· People assume integration works because predominantly white, wealthy schools have more resources, leading some to advocate for better funding for predominantly black schools.

Even the four economists who found that black students in racially balanced schools performed worse assumed that whiter schools had smaller class sizes, better teachers, and other perks. The problem, they speculated, was that white hostility towards black students prevented them from taking advantage of these resources.

These economists and other commentators have argued that instead of focusing on integration, it would make sense to spend money on improving predominantly black schools. This prospect is not new. In 1935, WEB DuBois wrote that “the negro does not need separate or coeducational schools. What he needs is education.

Likewise, towards the end of Beautiful white parents, journalist Chana Joffe-Walt discovers that the black parents she interviews do not focus on integration; they just want better schools (that hasn’t prompted Joffe-Walt to change the show’s premise that segregation is the key issue).

Some members of the black community may even view integration as a threat. After the school boundaries changed in Minneapolis, the principal and some parents of a predominantly black high school feared the school would lose its identity.

· The assumption that schools with more white and wealthy students get more funding may be wrong.

A recent study found that black and low-income students received less funding per student nationwide, but Following funding, on average, at state and district levels. Another found that, considering funding from all levels of government, “almost all states allocate more funds per student to poor children than to non-poor children.” The predominantly black schools certainly used to get less funding than whiter schools, and some still do. But on average, that doesn’t seem to be the case anymore.

· Spending more money may not lead to better results.

Obviously, a certain level of funding is necessary for schools to function well. And schools serving more students living in poverty may need Following funding than the average because their students have greater needs. But beyond a certain point, money may not make a difference if it is not spent wisely. An economist said there was “no significant relationship between resources and performance.”

For example, Washington, DC, which has a largely black, low-income school population, spends about $ 22,000 per year per student, far more than the US average of about $ 12,500. In 2019, DC ranked second among states for spending per student. (DC is not a state, but it is counted as one for funding education and for political purposes.)

And yet, only 23% of eighth-graders in DC achieve a proficiency level or better on national reading tests, nine percentage points below the national average. The racial and income-based differences are huge. While DC likes to say that this is the fastest improving urban school district in the country, if you control the influx of affluent students, there has been no improvement in reading in eighth grade. . over the past 15 years.

So, if inclusion is not the solution to long-standing inequalities in education, what is it? The answer may well lie in something that economists who do large-scale statistical studies rarely consider: What is taught in schools and How? ‘Or’ What? ‘Or what it is delivered. The standard approach in elementary school does not teach many children to read and does not build the academic knowledge and vocabulary they need to be successful later in life. Children who have access to this knowledge at home because their parents are more educated end up benefiting more. And teacher education programs routinely instill beliefs that conflict with scientific findings about how children learn. Children who still manage to learn tend to be those whose families are better able to support them.

Economist Sean F. Reardon, who analyzes huge amounts of data on test scores, dismisses the idea that we can improve poorest schools amid economic segregation and inequality. “If it had been possible,” he wrote, “one community – among the thousands of districts across the country – would have done it. None have. The separation is always uneven. But maybe he hasn’t seen that kind of improvement because it’s done on a relatively small scale, with schools and districts scattered across the country moving to a different type of program – and because that it may take years for the results to appear on the results of the standardized tests on which it bases its conclusions.

If the researchers took a closer look, they might uncover success stories that might inspire others to try the one approach that might work when all the others have failed. Well integrated schools undoubtedly bring benefits, and I hope we will have them someday. But mainstreaming is not necessary to improve the education of students from historically marginalized communities and low-income families, nor would it be enough.

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The American History of Housing Discrimination Still Linked to Heart Risks for Black Americans https://himspairport.com/the-american-history-of-housing-discrimination-still-linked-to-heart-risks-for-black-americans/ Fri, 31 Dec 2021 04:19:36 +0000 https://himspairport.com/the-american-history-of-housing-discrimination-still-linked-to-heart-risks-for-black-americans/ Almost a century ago, it was legal for US banks to deny mortgages to people in predominantly black communities, a practice known as “redlining”. For several decades, this practice has been banned. But research suggests that this history of structural racism has a continuing negative effect on the heart health of black Americans. A study […]]]>

Almost a century ago, it was legal for US banks to deny mortgages to people in predominantly black communities, a practice known as “redlining”. For several decades, this practice has been banned. But research suggests that this history of structural racism has a continuing negative effect on the heart health of black Americans.

A study published on December 21, 2021 in Proceedings of the National Academy of Sciences (PNAS) focused on the cardiovascular health of a multi-ethnic sample of 4,779 middle-aged people living in 949 neighborhoods in seven US cities: Los Angeles; New York; Chicago; Saint-Paul, Minnesota; Minneapolis; Winston-Salem, North Carolina; and Baltimore.

In the 1930s, maps used by the Federal Homeowners Loan Corporation (HOLC) ranked each of these neighborhoods based on discriminatory assessments of the risk it would be granting mortgages to potential buyers. , according to the study. On these maps, the most “dangerous” places to issue loans were colored red and had high proportions of black, low-income and immigrant residents; The predominantly white, affluent communities have been colored green to indicate the “safest” places for banks to offer mortgages.

Overall, about 19% of study participants lived in “dangerous” neighborhoods marked in red, while about 5% lived in “better” communities. Using these historic HOLC maps, researchers examined the cardiovascular health of modern residents in each neighborhood, using factors such as blood pressure, blood sugar, cholesterol, overweight and obesity, diet , physical activity and smoking.


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Mortgage rates rise but remain low in the final days of 2021 https://himspairport.com/mortgage-rates-rise-but-remain-low-in-the-final-days-of-2021/ Thu, 30 Dec 2021 15:14:02 +0000 https://himspairport.com/mortgage-rates-rise-but-remain-low-in-the-final-days-of-2021/ SILVER SPRING, Maryland – Average long-term mortgage rates in the United States rose slightly in the last week of 2021. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark, the 30-year home loan, climbed to 3.11% this week from 3.05% last week. A year ago, the 30-year rate stood at 2.67%. […]]]>

SILVER SPRING, Maryland – Average long-term mortgage rates in the United States rose slightly in the last week of 2021.

Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark, the 30-year home loan, climbed to 3.11% this week from 3.05% last week. A year ago, the 30-year rate stood at 2.67%.

The average rate on 15-year fixed-rate mortgages, popular among those refinancing their homes, rose to 2.33% from 2.3% last week. It was 2.17% a year ago.

Many economists expect rates to rise next year after the Federal Reserve announced earlier this month that it would start cutting back on its monthly bond purchases – which are aimed at lowering rates long term – to combat the acceleration of inflation. But even with the three rate hikes expected next year, the Fed’s benchmark rate would still be below 1%.

Despite historically low interest rates, many potential buyers have missed out due to a low supply of available housing which seems to be getting more expensive day by day. Median home prices are nearly 20% higher than a year ago, with no sign of relief for frustrated house hunters looking for more space since the pandemic erupted nearly two years.

In addition to lack of supply and skyrocketing prices, virus supply chain outages are forcing builders to delay projects and struggle to meet demand.


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October home prices up 18.4% from 20 https://himspairport.com/october-home-prices-up-18-4-from-20/ Wed, 29 Dec 2021 08:44:56 +0000 https://himspairport.com/october-home-prices-up-18-4-from-20/ WASHINGTON – Home prices in the United States rose again in October as the housing market continues to grow following last year’s coronavirus recession. The S&P CoreLogic Case-Shiller Home Price Index in 20 cities, released on Tuesday, was up 18.4% in October from a year earlier. The gain marked a slight deceleration from a 19.1% […]]]>

WASHINGTON – Home prices in the United States rose again in October as the housing market continues to grow following last year’s coronavirus recession.

The S&P CoreLogic Case-Shiller Home Price Index in 20 cities, released on Tuesday, was up 18.4% in October from a year earlier. The gain marked a slight deceleration from a 19.1% year-on-year increase in September, but was roughly in line with what economists expected.

All 20 cities posted double-digit annual gains. The hottest markets were Phoenix (up 32.3%), Tampa (28.1%) and Miami (25.7%). Minneapolis and Chicago posted the smallest increases, 11.5% each.

The housing market has been strong thanks to the lowest mortgage rates, a limited supply of housing in the market and pent-up demand from consumers stranded by the pandemic last year. Many Americans, tired of being locked in their homes during the pandemic, are looking to move from apartments to houses or larger homes.

“Home price growth will slow further over the coming year, but will continue to rise,” said Danielle Hale, chief economist at Realtor.com. Many will take advantage of the continued flexibility of the workplace to relocate to the suburbs where, despite increases in house prices, many may still find a price per square foot lower than in neighboring towns. “

It is still unclear whether this change is permanent or an aberration, said Craig Lazzara, managing director of S&P Dow Jones Indices.

“We previously suggested that the strength of the US real estate market was due in part to a shift in location preferences as households react to the covid pandemic,” Lazzara said. “More data will be needed to understand whether this increase in demand represents an acceleration in purchasing that would have occurred in the next few years, or reflects a more permanent secular change.”

The National Association of Realtors reported last week that sales of previously occupied homes rose for the third consecutive month in November at a seasonally adjusted annual rate of 6.46 million.

Last week, mortgage rates fell to 3.05% for the 30-year fixed-rate benchmark home loan and to 2.66% for the 15-year fixed-rate benchmark mortgage. Still low rates indicate that credit markets seem more concerned with the omicron variant that depresses economic growth than with the highest inflation rates in nearly 40 years.

A secondary impact of rising house prices is that it means that the limits on compliant mortgages and FHA loans will also be higher. Borrowers can therefore avoid needing a jumbo loan to purchase a property.

Loan limits for conforming loans acquired by Fannie Mae and Freddie Mac, which are reset annually, will increase in 2022. FHA loan limits, which have yet to be announced, will also likely increase due to the price increase. VA loans can be approved for any amount for qualified borrowers as loan limits have been removed for this program effective January 1, 2020.

In most housing markets, the new compliant loan limit will be $ 647,200 in 2022, an increase of $ 98,950 from the limit of $ 548,250 in 2021. Borrowers who need to finance an amount more important to buying a home will need to apply for a jumbo loan, which often has stricter guidelines for borrowers, larger down payment requirements, and sometimes higher interest rates due to the risk associated with a larger loan.

Information for this article was provided by Michele Lerner of the Washington Post.


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Colliers Mortgage Nashville Office closes $ 8.9 million loan to Fannie Mae for Parkview Flats apartments in Murfreesboro, Tennessee https://himspairport.com/colliers-mortgage-nashville-office-closes-8-9-million-loan-to-fannie-mae-for-parkview-flats-apartments-in-murfreesboro-tennessee/ Mon, 27 Dec 2021 09:44:51 +0000 https://himspairport.com/colliers-mortgage-nashville-office-closes-8-9-million-loan-to-fannie-mae-for-parkview-flats-apartments-in-murfreesboro-tennessee/ MINNEAPOLIS, MN – The Nashville office of Colliers Mortgage, part of Colliers International | US, recently completed an $ 8.9 million Fannie Mae loan to refinance Parkview Flats Apartment Homes, a 124-unit multi-family building at market rate located in Murfreesboro, Tennessee. The property was built in 1973 and comprises 9 two-story garden-style buildings, a swimming […]]]>

MINNEAPOLIS, MN – The Nashville office of Colliers Mortgage, part of Colliers International | US, recently completed an $ 8.9 million Fannie Mae loan to refinance Parkview Flats Apartment Homes, a 124-unit multi-family building at market rate located in Murfreesboro, Tennessee.

The property was built in 1973 and comprises 9 two-story garden-style buildings, a swimming pool, dog park, outdoor fitness center and sports field, barbecue and picnic area, a business center, laundry facilities and on-site management.

The 10-year and 30-year amortization loan has been arranged for the borrower, Bradyville, LLC.

About Mortgage Collars: Colliers Mortgage, part of Colliers International, is a national full-service mortgage bank, FHA MAP and LEAN approved lender, and Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, specializing in accessing loan programs for federal agencies for the acquisition, refinancing, construction or rehabilitation of a multitude of types of properties. Colliers Mortgage also holds the USDA Lender / Partner designation under the Secured Loans for Community Facilities program. Additionally, as Ginnie Mae’s Authorized Seller / Repairer, they service loans for their mortgages and currently manage over $ 10.0 billion in loans.

About Colliers International Group Inc. Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our more than 15,000 enterprising professionals work together to provide expert advice to occupants, owners and real estate investors. For more than 26 years, our experienced leadership with significant insider participation has generated annual compound returns of almost 20% for shareholders. With annualized revenues of $ 3.6 billion ($ 4.0 billion including affiliates) and $ 46 billion in assets under management, we maximize the potential of ownership and accelerate the success of our clients and of our employees.

Learn more about colliers.company.com


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Editorial: A look back at 2021 through an editorial lens https://himspairport.com/editorial-a-look-back-at-2021-through-an-editorial-lens/ Sun, 26 Dec 2021 09:30:00 +0000 https://himspairport.com/editorial-a-look-back-at-2021-through-an-editorial-lens/ By the Herald Editorial Board While we may have wanted a break, no one will dismiss 2021 as a year of downturn; not nationally, not in Washington State, and not in Snohomish County. Here’s a look back at the past year through the prism of the opinions of the Herald Editorial Board, with some updates […]]]>

By the Herald Editorial Board

While we may have wanted a break, no one will dismiss 2021 as a year of downturn; not nationally, not in Washington State, and not in Snohomish County.

Here’s a look back at the past year through the prism of the opinions of the Herald Editorial Board, with some updates as well.

Jan. 7: “Trump and his mob dishonored the nation”: Regarding the insurgency on the United States Capitol that interrupted congressional certification of the November elections. “Trump and his supporters – those who do not silently back down from him – will claim that the storming of Capitol Hill and the danger put on police, officials and employees was not Trump’s fault but the actions of supporters.” too zealous. Yet Trump and those members of Congress who have been interrupted in the midst of their political theater are responsible. … The reputation of Trump and those who have expressed their support for the illicit challenge will now bear the stain of having suborned this riot.

Update: The prosecution of those arrested in the attack continues, as does an investigation by a bipartisan congressional committee.

January 29: “Leave firearms out of protests, public spaces”: noting the unstable mix of public protests and firearms, state legislation, Senate Bill 5038, attempted to ban the open carrying of firearms at large public gatherings and on the grounds of the State Capitol. “Some gun owners – and did so during the hearing – will profess only good intentions, insisting that they do not pose a threat to others. In almost all cases, it is; gun owners are law abiding and careful. But that intention can be difficult to discern when someone is holding a weapon designed for military use and has been abused in numerous mass shootings. “

Update: Senate Bill 5028 has been passed by the Legislative Assembly and enacted.

March 7: “Everett should wait for ‘no-sit, no-lie’ ordinance”: Responding to complaints from homeless people sitting under an I-5 overpass near the Everett Gospel Mission, Everett City Council considered an ordinance prohibiting people from sitting or lying on sidewalks in certain areas of the city. “At first glance, the proposed ordinance would appear to depart from the recent realization among local governments that they cannot ‘stop their way out’ of homelessness issues and the problems associated with it. Everett, for example, has been a leader in efforts such as integrating social workers into police patrols to link homeless people, addiction treatment and mental health needs to services. which respond better to these ailments. It is a much better option than the costly and unproductive cycle of arrest, jail and release on the streets.

Update: The ordinance has been passed but its effective date has been delayed to allow the city’s pallet shelter program to open to increase shelter possibilities. The establishment of additional pallet shelters at Everett is under development.

the 17th of March: “Purdue, family should not get any profit from OxyContin”: Regarding a settlement offer in a lawsuit against the drug company and its owners over the highly addictive opioid, the plaintiffs were divided among those who said they would agree to a $ 10 billion settlement and those, such as Washington State Attorney General, who rejected the deal. “Digging deeper into the terms should embitter anyone on the matter even more. Purdue is reportedly paying just $ 500 million upfront of $ 750 million to settle hundreds of thousands of personal injury claims, with most receiving an average of around $ 5,600, a sum that cannot be considered fair compensation for families and individuals. Most of the $ 10 billion would flow over a decade, and about $ 4 billion would not be in cash – sent to local governments to fund opioid control and rehabilitation efforts – but would be in distribution of supplies at reduced cost of drugs used in response to overdoses and in opioid recovery.

Update: State Attorneys General, including Washington AG Bob Ferguson, and other plaintiffs appealed in September, and a United States District Court judge this month overturned the settlement that would have protected Purdue’s Sackler family from future lawsuits.

March 31: “Vigilance, masks still needed in the covid marathon”: at the end of March, only about 16% of the population was fully vaccinated, yet a new variant, the delta, had arrived in the United States “Our shared covid fatigue and the good news trickling in can conspire against us, causing us to let our guard down and creating an opening for a dreaded fourth wave of infections. After hitting the wall, we now need to find the resolution to complete the marathon. “

Update: Almost 62% of people eligible for covid vaccination in the US are fully vaccinated ”67% in Washington state; but a new variant, omicron, has overtaken delta. The marathon continues.

May 6: “Seeking Justice After George Floyd Murder”: Guilty verdict on Minneapolis cop in George Floyd’s death coincides with the passage of a list of laws relating to law enforcement reforms laws. Some of the reforms met with opposition from law enforcement and law enforcement, but State Representative John Lovick, D-Mill Creek, a former state patrol officer and Sheriff of Snohomish, defended the legislation. Lovick said he knew many law enforcement officers might get irritated at the extra scrutiny that would result from the legislation, but 99.9% know they are doing their job well and that it is is for those who don’t, ”he said. . “But every police chief I’ve spoken to wants accounts,” he said.

Update: Lovick, recently appointed to a vacant Senate position, and other lawmakers have pledged to consider legislative changes in the next session.

July 5: “Record heat and reminder of the need for climate action”: record temperatures in Washington State – including 109 degrees in Lynnwood – and in the Northwest have shown that we are not immune of the impacts of climate change. “As brief as the heat wave seems to have been – at least for western Washington – this blast furnace heat should now prompt us to reconsider our regional complacency with climate change and the belief that – aside from a gradual lowering of the sea level – we in the Northwest are shielded from its worst consequences.

September 1: “Crowd actions at school board meeting unacceptable”: Protests from those opposing state mandates for masks and vaccinations in public schools disrupted a meeting of the Marysville school board, including the rush of the podium and profane screams directed at board members and district officials. “Peaceful protests and even harsh criticism are some of the things that elected state officials are paid to face; school board members in most districts are unpaid and serve on a voluntary basis. While most school board members expect little thanks for their public service, they should not experience verbal abuse and threats of violence.

September 26: “Obtaining the Truth About Tulalip Boarding School”: a call from Deb Haaland, US Secretary of the Interior, to address the impact of the story of the removal of children from Native American families to Indian boarding schools between the civil war during the period and in the middle of the 20th century, renewed conversations between American tribal communities, including the Tulalip tribes. Among those who have helped uncover stories from this story is Deborah Parker. “Students were prohibited from speaking their tribal language or singing tribal songs they had learned or practicing tribal beliefs. The punishment was often brutal. “The idea is explosive in the mind. Incomprehensible, ”Parker said. “It makes this work incredibly difficult, it makes this work necessary, it makes it sincere; working for children who have been beaten, slapped and strangled. ‘ “

November 4: “Honor Wyman; make secretary of state non-partisan ”: The announcement that respected Republican Secretary of State Kim Wyman had been hired by the Biden administration to fill a federal election security post, left Gov. Jay Inlsee to fill the post. sits until elections are held in 2022. It is also an opportunity to build voter confidence. “Although suggested by Republicans that state that he (must appoint a Republican) to continue the tradition of Republicans who have held the office since 1965, Inslee is not required to appoint another Republican to succeed Wyman. The governor is correct that the office – and no state office – is owned by a particular party. But in the future, the state legislature should remove any partisan pretext for the secretary of state by making the office a non-partisan position. “

Update: State Senator Steve Hobbs, D-Lake Stevens, was appointed to this post at the end of November. Hobbs intends to run in 2022. Pierce County Auditor Julie Anderson has also announced her candidacy for the post and will run as non-partisan.

November 15: “County speeds up shift to electric vehicles”: Snohomish County Council passed bipartisan measure – a proposal from Republican Nate Nehring and Democrat Jared Mead – to use $ 2.2 million from the proceeds of the sale of county land to invest in electric vehicles for the departmental fleet. “Nehring and Mead expect the transition to generate significant savings for the county in terms of reduced fuel and vehicle maintenance costs, while helping the county meet its carbon footprint reduction targets. That Snohomish County was one of the state leaders in terms of such an effort was an added bonus, both said.

Dec. 13: “Put the County Tax for Affordable Housing to Voters”: a proposal to increase the sales tax in Snohomish County by 01. percentage point – 1 cent on a $ 10 purchase – to fund projects to tackle affordable housing, homelessness and related social services was reviewed by the departmental council. It is estimated that $ 116 million would be raised over the next five years and would be used to leverage additional state and federal funds for projects, dramatically increasing the availability of supportive housing and housing for those paying over $ 30. % of their income in rent or mortgage. . Republicans on the council called for an amendment to put the issue to a public vote. “The matter is easy to move forward with the speed required to approve the increase in sales tax and begin work to finance the construction of housing and the provision of necessary services … applications for funding programs through the taxpayer money.

Update: The county council approved the measure to increase the sales tax, but rejected the amendment to put its approval on the ballot.



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