Author Archives: Justin Bailey

Rate on 30-Year Mortgage Decreases to Record 3.87 Pct.

This week, the average rate on the 30-year fixed mortgage decreased to a record low, which is the ninth time that has happened in the last year. The rate on the 30-year loan dropped to 3.87 percent this week, according … Continue reading

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Downtown Houston Tower Renamed

Houston, Tx’s 1 Houston Center is being renamed LyondellBasell Tower following the chemical and fuel maker‘s 358,138-square-foot lease renewal. The 46-story tower is located in downtown at 1221 McKinney. For 25 years, the Dutch-based firm has been in 1 Houston … Continue reading

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30-Year Mortgage Rate at All-Time Low 3.89%

Mortgage rates have reached record lows, according to Freddie Mac. The average rate on the 30-year fixed-rate mortgage dropped to a record low of 3.89% in the week ended January 12, compared with 3.91% in the prior week, according to … Continue reading

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Mortgage Activity Drops at Year’s End

According to the Mortgage Bankers Association, U.S. mortgage activity dropped in the last two weeks of 2011 with long-term mortgage reaching lows for the year. Interest rates for 30-year, fixed-rate conforming mortgages slipped to 4.07 percent with points rising to … Continue reading

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Mortgage Rates Stay in Record Territory

The 30-year fixed mortgage rate increased from last week’s record low to 4.2 percent, but is at the second-lowest level on record, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.35 origination and … Continue reading

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Fixed Mortgage Rates Decrease Again to Record Lows

The average rate on the 30-year fixed mortgage decreased back down to 3.94 percent, which is the record low set earlier in the fall. Low rates offer a wonderful chance for those who can afford to buy or refinance. According … Continue reading

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Rate on 30-Year Fixed Mortgage Decreases to 3.98 Pct.

The average rate on the 30-year fixed mortgage stayed above its record low for a fourth consecutive week. Freddie Mac stated that the rate on the 30-year fixed loan slipped to 3.98 percent from 4 percent the previous week. Seven … Continue reading

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First Look at New Houston H-E-B

Today, inside the new Houston, Tx H-E-B, workers are preparing for the grand opening. There are over 160 types of organics and a juice bar offering 21 fresh-squeezed juices. A sushi bar is scheduled to offer 20 different types of … Continue reading

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Average Rate on 30-Year Mortgage Slips to 4 Pct.

The average rate on the 30-year fixed mortgage slipped to 4 percent this week, almost matching the record low reached just one month ago. According to Freddie Mac, the rate on the 30-year loan decreased from 4.10 percent last week. … Continue reading

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Benchmark Mortgage Rate Stays Above 4 Percent

Last week, the nation’s benchmark mortgage rate is nearly unchanged after increasing. According to Freddie Mac, the average 30-year, fixed-rate home loan is 4.11 percent, which is down slightly from 4.12 percent last week. The week before, it dropped to … Continue reading

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