article thumbnail

Why is Data Science Used by Big Business?

George Dell

These business segments include but are not limited to marketing, transportation, telephony, medicine, insurance, finance, entertainment and many others. Why are so many business segments utilizing Data Science in their business decisions?

Business 195
article thumbnail

Mortgage rates fall as labor market normalizes

Housing Wire

From the Fed: In the week ended March 2, initial claims for unemployment insurance benefits were flat, at 217,000. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing. Jobless claims show an expanding economy that has not lost jobs yet.

Marketing 500
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cooling inflation in February brings hope that Fed rate hikes are over

Housing Wire

The year-over-year increase can be attributed to large annual jumps in the indexes for transportation services (+10.2%), energy services (+13.3%), and food (+9.5%). Transportation services jumped 1.1% Consumer prices fell in energy commodities (-1.4%), gasoline (-2%) and used cars and trucks (-13.6%). Meanwhile, the CPI increased 0.4%

article thumbnail

HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

HUD offers insurance for manufactured housing mortgages under its Title I program, which is more than 50 years old. That’s significantly less than the average sales price of a new manufactured home without land, transportation, or set-up costs of $108,100 in 2021, according to researchers at the Urban Institute.

article thumbnail

FHA borrower fee gridlock draws ire of industry

Housing Wire

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. Income from FHA premiums go into the general Treasury fund when Congress passes a Transportation and HUD appropriations bill. The money can then be used for other programs.

Insurance 441
article thumbnail

Inflation cooled further in March, but shelter costs are still high

Housing Wire

Indexes that contributed to the annual increase were food (+8.5%), motor vehicle insurance (+15.0%), household furnishings and operations (+5.6%), recreation (+4.8%), and new vehicles (+6.1%). This was the smallest 12-month increase since the year ending in May 2021 and the ninth consecutive month of declines. compared to March 2022.

article thumbnail

Investors turn their eyes to affordable housing opportunities

Housing Wire

There’s a growing sense that affordable housing is a stable investment class for banks and insurance companies; even in the 2008 – 2009 recession, it held up well.”. “We’re seeing statistics from our developers across the country that their portfolios are holding up well,” he said.

Investors 431