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Police in China say bus crashed into students, parents outside school in Tai’an city, killing 11 people
Beijing — A bus crashed into a group of students and their parents at a school in eastern China early Tuesday, killing 11 people and injuring 13, police said.
The students and parents were at the gate of a middle school in Tai’an city in the eastern province of Shandong just before 7:30 a.m., the Dongping county police department said in a posting on social media. Tuesday was the second day back to school after the summer vacation for children across China.
Six parents and five students were killed, it said. One of the injured was in serious condition while the others were listed as stable, the department said.
The driver was in police custody and the incident was under investigation, it said.
The bus was specially customized for transporting students, it said. It did not say who was responsible for operating the bus. Many schools contract out such services to private companies or individuals.
School safety, including overloaded school buses and poorly designed buildings, has long been a problem in China.
In 2017, a dozen people, including 11 kindergarten pupils, were killed when a school bus crashed and burst into flames in a tunnel in the eastern Chinese city of Weihai, also in Shandong province. The driver, six Chinese children and five South Korean children were killed. It remains unclear whether the crash was deliberate or the result of unsafe driving.
China has cracked down heavily on transportation dangers, adding training and vehicle inspections.
China also has suffered numerous cases in recent years of attacks on school children, often using knives or homemade explosives. The suspects were generally found to be bearing grudges and seeking revenge over personal matters or against society more generally.
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Best mortgages for first-time homebuyers
Rising home prices and high mortgage rates haven’t made buying a home easy these last few years. In fact, with affordability such a challenge, it’s only made shopping around for a lender that much more important.
It’s true: Comparing lenders can make a big difference when it comes to price. According to Freddie Mac, getting just four different mortgage rate quotes can save you about $1,200 per year.
But rates aren’t the only thing you should think about when choosing a lender. Want to make sure you pick the best mortgage company for your needs? See below for some of the best lenders for first-time homebuyers currently on the market.
Lock in a low mortgage interest rate here today.
Best mortgages for first-time homebuyers
Here are the best mortgage lenders for first-time homebuyers, broken down into six categories:
Best for low down payments: Veterans United
Veterans United exclusively offers VA home loans — which means all its loans require zero down payment. Though you’re welcome to put some money down, VA loans are one of the few mortgage options with no down payment requirement.
There is a catch, though: You’ll need to be a current military member, veteran, or spouse of one to qualify. Certain service requirements must be met as well. If you can do it, though, you’ll save yourself money both upfront (on the down payment) and in the long haul, as VA loans tend to have lower interest rates than other loan options.
Learn more about Veterans United here now.
Best for good credit: US Bank
If you have decent credit, US Bank might be a good option for your mortgage. The lender offers conventional, FHA and VA loans, and its rates are some of the lowest of lenders we analyzed. You can also apply fully online and get valuable closing cost discounts if you use other US Bank services.
Best for low credit: Cardinal Financial
Cardinal Financial is a good option if your credit score is on the lower end. The lender allows for scores as low as 620 on conventional loans and 580 on FHA, VA, and USDA loans. There are also jumbo loans — if you’re buying in a high-priced market or eyeing a more expensive property — and construction loans for buyers looking to build their own homes from the ground up.
Best for no lender fees: Better.com
Most lenders charge a variety of fees for processing your mortgage. These might include an origination fee, application fee, underwriting fee, and more. With Better.com mortgages, you won’t see any of these charges. The online lender charges no lender-side fees for underwriting, servicing, or originating its mortgages. There are other typical closing costs, though.
Best for online borrowing: First Mortgage Direct
First Mortgage Direct is a fully digital mortgage lender that lets you manage your mortgage process from start to finish all on the web. You can get a rate quote online, fill out an application, submit your documentation, and even close digitally, too. The lender also offers many online resources to help you along the way — things like informative videos, calculators, articles and more.
Best overall: New American Funding
New American Funding has something for everyone: conventional loans, government-backed loans, jumbo loans, construction loans, non-QM loans and more. There are even loans with customizable terms and options that can turn you into an all-cash buyer to make you more competitive. The lender also has a 4.1-star rating with the Better Business Bureau and a 4.6-star rating on Trustpilot.
Always shop around
Whether you’re buying your first home or your fifth, shopping around for your mortgage is important. If you need help doing so, consider enlisting a mortgage broker. These professionals can shop around on your behalf, help you compare lenders and loan options and ensure you get the best rate.