Mortgage rates tick up again

By on May 12, 2021

first_img Share via Shortlink The yield on 10-year Treasuries reached 1.3 percent this week, the highest in almost a year.Mortgage rates are still very low by historical standards. They have remained below 3 percent since July thanks in part to the Federal Reserve limiting borrowing costs.[Bloomberg News] — Sasha JonesContact Sasha Jones Mortgage RatesMortgagesResidential Real Estate Email Address* (iStock)Mortgage rates keep climbing.The average 30-year, fixed-rate loan last week was 2.81 percent, compared to 2.73 percent the previous week. That’s the highest since November and 16 basis points above the record low of 2.65 percent reached in early January, according to Bloomberg.Costlier loans may threaten the trend of rising home prices. The combination of growing demand and diminished supply has sparked bidding wars, and with mortgage rates now going up as well, the hot housing market could cool off as buyers are priced out.Read moreHomebuying up again, but rising mortgage rates depress refinancingHousing starts fall for first time since AugustHomebuilder confidence picks up after 2 months of decline Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Tags Full Name*last_img read more

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Rising Sun Regional Foundation announces 1st Quarter grants

By on September 24, 2020

first_img(19)        $2,500 to the St. Louis School toward STEM-related equipment and materials; and (16)        $12,500 to the Shiner Pride Band Boosters toward the purchase of a sound system; (10)        $40,000 to the Otter Creek Township Volunteer Fire Department toward the construction of a new fire station; (2)         $2,500 to the Aurora Riverfront Beautification toward its 2018 Red White & Boom festival; (4)         $2,400 to the Batesville Community School Corporation for the purchase of a vision screening machine; Grant applications for the next grants cycle are due Monday, April 16, 2018 by 4:00pm. Applications can be downloaded from the RSRF website at www.rsrfonline.org, and can be emailed to [email protected] (15)        $4,615 to the Rising Sun Volunteer Fire Department for new helmets; (3)         $20,000 to the City of Batesville Parks Department for playground surface for one of its new playground areas; (8)         $1,901 to the Ohio County Extension Office for renovations to its office; (18)        $5,000 to the South Ripley Community School Corporation for the purchase of a Smartboard and wobble stools; (17)        $18,600 to the South Dearborn Community School Corporation for new track and field equipment; The Rising Sun Regional Foundation was created in 1994 by the City of Rising Sun, and is now funded by the Rising Star Casino Resort, owned by Full House Resorts, Inc., which makes monthly contributions to the foundation based on a percentage of its Adjusted Gross Revenue. To date, the foundation has received more than $43 million in riverboat funds, of which at least 75% has been granted back to the community. (5)         $4,434 to the Batesville Community School Corporation for the purchase of a web-based math program; Rising Sun, In. —  The Rising Sun Regional Foundation awarded a total of $270,182 in 20 new grants in the first quarter of 2018. These grants included: (6)         $10,000 to the LifeTime Resources toward matching funds for Catch-A-Ride vehicles; (14)        $35,000 to the Rising Sun Ohio County Community School Corporation toward LED lighting upgrades at the elementary/middle school building; (9)         $5,000 to Ohio County Youth Development for crates to store animal pens; (13)        $25,000 to the Rising Sun Municipal Utilities toward the purchase of a new bucket truck; (12)        $10,000 to the Rising Sun Medical Center for upgrades to furniture and its phone system; (1)         $4,415 to the American Legion Post #337 – Sunman toward the purchase of a commercial water softener; (20)        $38,232 to the Town of Sunman for the purchase of a new police vehicle and related equipment. (11)        $10,000 to the City of Rising Sun/ Rising Sun Ohio County Community School Corporation for baseball/softball field improvements; (7)         $20,000 to the Milan Community School Corporation for video surveillance systems for school buses;last_img read more

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