I head to Central Texas today (A53 on Southwest; something about maybe seeing an eclipse); statewide Texas home ownership rate is about 64 percent. This is a shade lower than the 66 percent nationwide. (Home ownership & operational challenges facing lenders are a couple of the topics Mike Metz with Arizona’s V.I.P. Mortgage will discuss today at 2PM CT.) And a huge percentage of those homeowners have low fixed rates. People can be “locked-in” or constrained in their ability to make appropriate financial changes, such as being unable to move homes or sell assets due to tax burdens. In the U.S., nearly all 50 million active mortgages have fixed rates, and most have interest rates far below prevailing market rates, creating a disincentive to sell. These frictions, whether institutional, legislative, personal, or market-driven, are a real problem. The FHFA, Fannie & Freddie’s conservator, has a research piece on this since residential rea
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Award-winning Pantochino Productions Inc., Milford’s professional non-profit theatre for family audiences has announced the roster for Summer 2024 including its Summer Theatre Camps at Milford Arts Council, the MAC and its exciting Summer Teen Theatre production.
The Minnesota Hip Hop and Education Summit is advertised as a one-of-a-kind professional development experience to inspire innovation within the realms of music, dance, fashion, and visual arts.
The Minnesota Hip Hop and Education Summit is advertised as a one-of-a-kind professional development experience to inspire innovation within the realms of music, dance, fashion, and visual arts.