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In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with their loan payments. But data shows a slight recovery as mortgage delinquencies fell in the third quarter. That silver lining comes from the Mortgage Bankers Association (MBA)’s National Delinquency Survey. According to the MBA, the seasonally adjusted rate for residential property (one- to four-unit) delinquencies dropped to 3.92% at the end of September. That’s down from 3.97% at the end of June, but it is up 30 basis points from one year ago. Delinquency rates include loans at least 30 days past due. The…

Russell Hardy, chief executive officer of Vitol Services Ltd.Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader.”The petroleum, the oil business, we still think it will reach a peak at some point, about 10 years ahead from where we are today,” Hardy said on Thursday at the Financial Times Commodities Summit in Singapore. In contrast to the eventual decline of the crude industry, metals business is going to witness a “great deal of growth through…

South Korean President Yoon Suk-yeol orders all available resources and personnel to assist with search for survivors.At least two people are dead and 12 others missing after a fishing boat capsized off the coast of South Korea, coastguard officials have said. The 120-tonne Geumseong sank about 24 kilometres (15 miles) off the resort island of Jeju after leaving the port of Seogwipo to catch mackerel late on Thursday, the Korea Coast Guard said on Friday. The crew on board included 16 South Koreans and 11 foreigners, two of whom are unaccounted for, officials said. Coastguard officials said they received a…

The 2025 Oscars needs a host, seeing as the man who has been at the helm the most over the last ten years is over it.  Jimmy Kimmel announced over the summer in 2024 that fans hoping to see him host the Academy Awards next year would be left wanting.  Kimmel is out, and so is the comedian most assumed was next in line for the gig. So, who will host the Oscars in 2025?  Honestly, we’re spoiled for choice and the new rumor is we might not get just one host next year, but TWO! TV host Jimmy Kimmel…

Qantas flight QF520 had to make an emergency landing in Sydney after a suspected engine failure.The plane was a Boeing 737-800, per the flight tracking websites Flightradar24 and FlightAware.As of June 30, the Qantas Group had 347 aircraft, 75 of which were Boeing 737-800 planes. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. A…

Footage shows a truck crash and almost hit a highway worker on the side of an Interstate in New York. Source link

Marni Grossman/Netflix; Courtesy of Netflix Even lovers of action, horror and drama need to escape into the world of a wholesome, feel-good movie now and again — especially when temperatures start to drop. “I think in the world we’re living in today, to be a part of a project that adds a little love and light and levity into the world is something I’m very proud of,” Lacey Chabert told Entertainment Tonight in 2018 of starring in Hallmark movies with happy endings. “People I run into on the street who talk about the movies — and fans who contact me…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. My first career was not real estate, it was teaching — elementary school, to be precise. I loved the time I spent teaching second, third and fourth graders and being in charge of my own classroom. However, I think it would have been very easy to feel…

Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024.Feature China | Future Publishing | Getty ImagesBEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting.Authorities here have ramped up stimulus announcements since late September, fueling a stock rally. President Xi Jinping led a meeting on Sept. 26 that called for strengthening fiscal and monetary support, and stopping the real estate market slump.While the People’s Bank of China has already cut several interest rates, major increases in government debt and spending requires approval by…

NewsFeedThe presidents of Russia and Ukraine have both offered their congratulations to US President-elect Donald Trump after his sweeping election win, wondering what a new US administration will mean for their war.Published On 8 Nov 20248 Nov 2024 Source link