5-Star Recruit Committed To Michigan State Trashes Michigan, Ohio State

first_imgRecruit Devontae Dobbs poses with a football.Michigan State landed a major recruit earlier this week. Five-star offensive lineman Devontae Dobbs announced his commitment to the Spartans on Monday.Dobbs, who plays for Belleville (Mich.) High School, is the No. 2 recruit in Michigan and the No. 3 offensive tackle in the 2019 class, according to 247Sports’ Composite Rankings. He picked MSU over a number of other big-time schools, including Michigan.A top prospect in Michigan choosing the Spartans over the Wolverines is noteworthy. Dobbs’ apparent reasoning for doing so is even more intriguing.Michigan State offered Dobbs in June 2016, and Michigan followed suit that August. In an interview with ESPN1009.com’s Evan Petzold, Dobbs said it was how Michigan treated him after they offered that turned him off.“It felt like Michigan thought they were superior and the big boss to Michigan State. They thought, ‘You have an offer from Michigan, so you should be going to Michigan since you have the offer.’ It was as if they didn’t need to recruit me or better their relationship with me. That was the first thing they did wrong.“When I went up there to talk to them, I felt uncomfortable because of the way they acted, talked and just were.”Then, Dobbs told the staff they were like robots. He was officially done considering the Maize and Blue.“The last meeting I was in, I told them they acted like robots and I just wasn’t comfortable around them. I said it wasn’t a place I wanted to be.”Dobbs also said the Spartans were consistent throughout his recruitment.“Michigan State stayed true throughout the whole process,” Dobbs said. “Comparing them to other schools… like Michigan kept talking to me after I got offered by Michigan State. But, once I got the offer from Michigan, they stopped talking to me, which is why they weren’t in my top 8.”But Michigan wasn’t the only program that Dobbs took a shot at in this interview. There was a dig at Ohio State as well.Here’s what Dobbs said about the Buckeyes.“I didn’t like recruiting because coaches lied to me,” Dobbs said. “They did stuff that wasn’t ever going to happen. Places like Ohio State had coaches that told me, ‘You’ll come in and play a ton as a freshman.’”Dobbs might have put a bulls-eye on his back when he gets into Big Ten play.last_img read more

Nearly one in six Canadians could not handle 500 increase in mortgage

OTTAWA — Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests.According to the bank, 16 per cent of respondents said they would not be able to afford such an increase, while more than a quarter, or roughly 27 per cent, would need to review their budget. Another 26 per cent said they would be concerned, but could probably handle it.Such an increase would be generated in the case of a three percentage point hike in interest rates — from 2.75 per cent to 5.75 per cent — on a $300,000 mortgage with a 25-year amoritization period.Toronto-area detached home prices surge above $1 million, out of reach of first-time buyersThree tips for single female homebuyersCanadians’ mortgage debt ramping up fast as cheap money fuels leap in luxury home pricesGiven that interest rates are likely to increase in the foreseeable future, the bank said there was no better time to put together a detailed debt management plan.“The ultimate goal of most Canadians should be the elimination of debt, but the first step needs to be getting rid of bad debt, which has the potential to destabilize a household’s financial situation,” said Chris Buttigieg, senior manager of wealth planning strategy at BMO.“A financial professional can help you avoid having your debt lead to long-term financial instability and work with you to develop a plan to sort out your balance sheet as quickly and efficiently as possible.”A report by Statistics Canada last month found the ratio of household credit market debt to disposable income climbed in the second quarter of 2015 to 164.6 per cent, up from 163.0 per cent in the first three months of the year.That means Canadians owed nearly $1.65 in consumer credit and mortgage and non-mortgage loans for every dollar of disposable income.The report by BMO’s Wealth Institute found that almost half of Canadians, 47 per cent, believed that the high level of debt in Canada has been influenced by soaring real estate values, while 40 per cent believed it has been influenced by low rates.Interest rates, including mortgage rates, have been near historic lows. The Bank of Canada has cut its key interest rate twice this year in an attempt to boost an economy hobbled by a sharp drop in commodity prices.BMO noted that when interest rates are low it is a good time to make aggressive principal repayments on loans and its survey found that 35 per cent of those asked are looking to pay down their mortgage sooner.“However, statistics have shown that debt service rates have not changed very much from the early 1990s, when interest rates were much higher,” the report said.“It appears that many Canadians have used low interest rates to get larger loans on more expensive houses rather than to aggressively repay their debt.”The online survey was conducted by ValidateIt for BMO from June 23 to 29, with a sample size of 1,014 Canadians.The polling industry’s professional body, the Marketing Research and Intelligence Association, says online surveys cannot be assigned a margin of error because they do not randomly sample the population. read more