Category Archives: General

30-Year Fixed Mortgage Rate Jumps to 3.98%

This past week, the average rate on the 30-year fixed mortgage increased for the first time this month, though it remained under 4 percent for the eighth consecutive week. According to Freddie Mac, the average rate on the 30-year fixed … Continue reading

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Noble Energy to Move to Houston’s Former HP HQ

Noble Energy Inc. is consolidating many Houston, Tx offices into a 10-story building on Houston’s northwest side. The move into the 497,000-square-foot building at the corner of Texas 249 and Louetta, is scheduled to start in the summer of 2013. … Continue reading

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Record Low Mortgage Rates Push Increase

According to the Mortgage Bankers Association, driven by an increase in home purchases, mortgage applications increased for the week as buyers took advantage of record low mortgage rates. The jump in home sales accounted for an 8.1% rise in mortgage … Continue reading

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Fixed Mortgage Rates Increase Above Record Lows

This week, fixed mortgage rates grew off their record lows. The average on the 30-year home loan jumped to 3.95 percent from 3.91 percent, according to Freddie Mac. Dating to the 1950s, last week’s rate was the lowest average on … Continue reading

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U.S. Economist Lists Houston on “Cities to Watch” List

The chief economist at national real estate search firm Trulia made five predictions for housing in 2012 and Houston, Tx was mentioned in one about the top five cities to watch. “The bloom’s not off the yellow rose of Texas,” … Continue reading

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Fixed Mortgage Rates Remain Near Lows for Sixth Week

The average rate on the 30-year fixed mortgage remained above its record low for a sixth straight week. According to Freddie Mac, the rate on the 30-year home loan decreased to 3.99 percent from 4 percent the previous week. It … Continue reading

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

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

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Mortgage Rate Back Under 4%

According to Freddie Mac, the typical rate that lenders are offering on a standard 30-year mortgage is back below 4 percent for the second time this year. The rate decreased from an even 4 percent in Freddie Mac’s survey last … Continue reading

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Average Rate on 30-Year Mortgage Drops to 4%

This week, the average rate on the 30-year fixed mortgage dropped to 4 percent, nearly matching the all-time low hit just one month ago. Freddie Mac stated that the rate on the 30-year loan fell from 4.10 percent last week. … Continue reading

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Rate on 30-Year Fixed Mortgage Drops to 4.11%

According to Freddie Mac, the rate on the 30-year loan dropped to 4.11 percent from 4.12 percent last week. The previous week, it decreased to 3.94 percent. According to the National Bureau of Economic Research, that’s the lowest rate ever. … Continue reading

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