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Leon County Democrat Group

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Rise 5.89 Files.zip


A worse-than-expected key inflation reading on Tuesday cemented expectations the Fed will be forced to deliver a third straight 75-basis point interest rate rise at its policy meeting next week, with investors now predicting the central bank will have to increase rates faster and further than previously thought.




Rise 5.89 files.zip



This week, the average mortgage rate was 5.89%, up sharply from 2.88% a year ago, based on Freddie Mac data. Federal Reserve officials, meanwhile, are indicating that they could keep hiking interest rates as part of efforts to control inflation, which has the potential to push rates for home loans even higher.


But the land rises and falls, obstacles must be avoided and the ideal is more the exception than the rule. That requires grades to compensate for changes in elevation and curves to reorient the direction of the tracks.


In North America, gradient is expressed in terms of the number of feet of rise per 100 feet of horizontal distance. Two examples: if a track rises 1 foot over a distance of 100 feet, the gradient is said to be 1 percent. Grades are generally 1 percent or less, and grades steeper than about 2.2 percent are rare.


Curves are often used to avoid undesirably heavy grades. By stretching out a given rise in elevation over a longer distance of track, loops and horseshoe curves (among other, less extreme, examples) keep grades manageable.


Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 6.02% from 5.89% last week. The long-term average rate has more than doubled since a year ago and is the highest it's been since November of 2008, just after the housing market collapse triggered the Great Recession. One year ago, the rate stood at 2.86%.


We divide the fault planes into a series of sub-faults along the strike and dip directions, and the inversion uses a simulated annealing approach to simultaneously solve for the slip amplitude, slip direction, rise time (the local duration of rupture), and rupture initiation time of each sub-fault, where sub-fault source time functions are modeled with an asymmetric cosine function (Ji et al., 2002, 2003; Koch et al., 2019).


The 1.8% enrollment decline, on top of the 2.6% record drop in 2020-21, is a combined loss of 271,000 students since Covid struck in spring 2020. Enrollment as of Census Day, always the first Wednesday of October, was 5.89 million students this year; five years ago, it was 6.23 million.


The drop in enrollment also was not equally spread among ethnic and racial groups. Latinos, who comprise 55% of K-12 students, declined only 0.9% this year, and Asian student enrollment declined 1.9%, while Black enrollment dropped 3.6% on top of 4.5% last year. White enrollment fell 4.9% on top of 5.6% last year; the two-year loss of 141,000 students is more than half of the total decline in students statewide. 041b061a72


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