Tag Archives: suggests
Data suggests refi applications are up. But LOs aren’t seeing a surge of business
Top Stories Tamfitronics When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged.Despite what seems like welcome news for loan originators, who have suffered through thinning margins for two years, refinance business has yet to go up much, LOs told HousingWire.“I was going through my newsletters last week to Realtors and told them to watch for the headlines,” said Geoff Black, senior loan originator at Guild Mortgage. “It (refi application volume) is meaningful, but is it meaningful on a macro scale? Absolutely not.”“Our group in Alabama did five this summer. Tampa Bay, Florida, area did three. Tennessee did two,” said Troy Borkowski, a Southeast regional manager for American Financial Network. “There have been a few refinances that started to trickle in,...
NASA data suggests there’s liquid water deep beneath Mars’ surface
NASA Space Technology NASA's InSight Mars lander acquired this image of the area in front of the lander using its lander-mounted, Instrument Context Camera (ICC). Credit: NASA/JPL-CaltechOne of the prerequisites for life as we know it is liquid water—and there’s direct evidence of it having once existed on Mars. However, that was billions of years ago, and today the planet’s temperature is well below the freezing point of watermeaning that any water near or on the surface is almost certainly frozen solid.However, a new study published August 9 in Proceedings of the National Academy of Sciences suggests that there may be liquid water on Mars today—or, more accurately, in Mars. The study suggests that there’s liquid water deep, deep in the Martian crust—at least five miles down, and potentially as far as 15 miles.This means...
NASA assessment suggests potential additional delays for Artemis 3 lunar lander
NASA Space Technology SpaceX Starship on the Moon Credit: SpaceXWASHINGTON — As NASA pushes ahead with a crewed lunar landing on the Artemis 3 mission in September 2026, the agency’s own analysis estimates a nearly one-in-three chance the lander will be at least a year and a half late.That assessment came from a confirmation review for the Human Landing System (HLS) Initial Capability project, which is supporting the development of SpaceX’s Starship lunar lander that will be used on Artemis 3. The confirmation review, known in agency parlance as Key Decision Point (KDP) C, sets cost and schedule commitments for NASA projects.The confirmation review, which took place in December 2023, set a schedule baseline of February 2028 for that project at a 70% joint confidence level. That means there is a 70% chance that Starship...
