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Interest in homeownership on the up and up

first_imgWhen the residential real estate bubble burst a decade ago, many people’s dreams of homeownership deflated as well. Increasingly, though, renters are looking to become buyers, suggests Daniel Sugg, chief mortgage lending officer at Michigan First Credit Union, that serves homeowners across the state. The CU offers mortgages through Michigan First Mortgage, a credit union service organization. Sugg recently shared insights on marketing mortgages.Q: How’s business?Sugg: With mortgage rates sitting at near historic lows, we are seeing more people—especially millennials—gravitating toward the idea of buying a home. Rental rates are high right now, making homeownership more affordable. We are seeing this trend unfold in areas such as Detroit and Grand Rapids, but we have also experienced significant growth in the Lansing and Livingston County markets as well. Editor’s note: The Fed raised rates in March and is expected to do so as many as three times in 2017. 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Tyler Lydon’s offensive breakout ‘was just a matter of when’

first_imgTyler Lydon hung from the rim with his right hand, just above Georgetown’s Rodney Pryor. The Carrier Dome crowd erupted. The referees called Pryor for a foul and sent Lydon to the free-throw line in the two-point game.But first he basked in the moment. He let out a scream and looked to the crowd with six and a half minutes remaining. This was the Tyler Lydon that landed on the preseason Wooden Award watch list. Not the one that entered the game averaging 9.9 points.A minute and a half later, Lydon stepped back at the 3-point line and nailed a shot to cut the deficit to one. As he backpedaled down the court, he held his hands below his waist. Then he lifted one arm up and pointed to fans sitting along the sideline. If the Orange was to complete a comeback, it would have to be on his back. But trailing by one was as close as SU got.Lydon poured in a career-high 29 points on Saturday afternoon as Syracuse’s (6-4) comeback fell short in a 78-71 loss to the Hoyas (7-4). The sophomore has spent time with assistant coach Adrian Autry before practices in recent weeks to workshop his game. The work finally paid off as he got going by scoring around the basket. The forward went 12-of-13 from the field, including three 3s, and recorded nine rebounds, four offensive, to spark the Orange.“He was aggressive, I thought. But you know, he just had an unbelievable game,” SU head coach Jim Boeheim said. “Tremendous inside, outside, post-ups, everything he did was great.”AdvertisementThis is placeholder textBefore practice on Wednesday, Autry methodically drilled Lydon. The emphasis was on his footwork on jump shots. He curled around screens Autry set for him. He stepped back, caught and shot. He stepped inside the arc, took a dribble and unloaded. He side-stepped with his feet in sync and let it fly. From the top of the key, the wings and the corners.Lydon missed one 3 from the left wing and yelled “f*ck”. When he messed up a shuffle step he chucked the ball at the backboard from the 3-point line. After sets he hunched over with his hands on his hips.He entered Saturday with just three games of multiple 3-pointers. As Syracuse’s most heralded returner, Lydon’s 3-point percentage drop from 40.2 percent to 34.3 percent left him needing more.Remove the buzz of 30,000, the “Pearl” warmup shirt and the fans clamoring to see the player that could be the Orange’s next to leave early for the NBA. Before facing Georgetown, Lydon performed a similar routine with Autry. He had to go to work.“Tyler Lydon doesn’t have an unbelievable game, we lose by 15,” Boeheim said. “That’s about what it probably should have been.”Lydon scored on putbacks following each of his four offensive rebounds to get going offensively. Boeheim has urged the streaky 3-point shooter to attack the glass this season.Throughout the year, guard Andrew White has spoken with Lydon about being the player opposing defenses key in on. To combat the “red X” Lydon carries with him, White said he needs to get easy baskets.“He was a rock for our team tonight,” White said.As he heated up in the second half, he began calling for the ball. Whether it was spotting up behind the arc on the weak side of the defense or posting up in the paint, Lydon knew he had the hot hand en route to 20 points after halftime.Lydon tried to take advantage of every mismatch and scored seven consecutive points, trimming Georgetown’s lead to 60-59.“I knew it would come. It was just a matter of when,” Lydon said. “Like I’ve been saying the whole time, it’s basketball. I’m not going to make every shot. … I just got to keep working, keep pushing through and just keep going.”Lydon scored another six points in the final three minutes, but missed two late free throws.The Orange couldn’t keep up with the Hoyas but it wasn’t because of Lydon.“He played great basketball today,” Boeheim said. “But one guy can’t do it.” Comments Facebook Twitter Google+ Published on December 17, 2016 at 4:42 pm Contact Paul: [email protected] | @pschwedslast_img read more

Lakers waive Yi Jianlian, need to cut one more player

first_imgThe Lakers waived Yi Jianlian on Monday, one day after the Chinese center had asked for his release.The Lakers had signed Yi to a non-guaranteed contract at the veteran’s minimum, including incentives that could have made the deal worth as much as $8 million.After hoping Yi could provide some outside shooting at the backup center spot, Yi averaged only 3.6 points on a 36.8 percent clip in 12.2 minutes through five exhibition games. Yi also shot only 16.7 percent from 3-point range.“Yi was productive in practices and games with us, and was a consummate professional both on and off the court,” Lakers general manager Mitch Kupchak said in a statement. “However, he felt that the minutes and opportunities he’d be afforded here were not in line with his goals and ambitions, and that he’d be better off in a different situation. We appreciate his efforts and wish him great success as he goes forward with his career.” Yi had met with the Lakers on Sunday and requested his release, according to a league source. The Lakers still have to trim their 16-man roster down to 15 by 2 p.m. today. Yi’s departure likely narrows the remaining candidates between forwards Metta World Peace and Thomas Robinson.The Lakers had pursued Yi for the past two years while he played with the Guangdong Southern Tigers in his native China. It is not immediately clear if Yi hopes to land with another NBA team or return to China.Yi previously played in the NBA in Milwaukee (2007-08), New Jersey (2008-10), Washington (2010-11) and Dallas (2011-12). After the Bucks selected him sixth overall in 2007, Yi averaged 7.9 points on a 40.4 percent clip.ESPN first reported the news about the Lakers’ plans to waive Yi. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more