Author Archives: Justin Bailey

30-Year Fixed Mortgage Rate Jumps to 3.76%

Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.76 percent, which is up six basis points from 3.7 percent at this same time last week. The 30-year fixed mortgage rate remained between 3.67 and 3.76 percent for … Continue reading

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Mortgage Activity Increases with Rates at Lows

According to the Mortgage Bankers Association, U.S. mortgage activity increased 7.5 percent in the week ending Friday, as long-term interest rates reached record lows. Interest rates for 30-year, fixed-rate conforming mortgages dropped from 4.09 percent to 4.05 percent with average … Continue reading

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30-Year Fixed Mortgage Rate Drops to 3.72%

Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.72 percent, decreasing 10 basis points from 3.82 percent at this same time last week. On January 17, the 30-year fixed mortgage rate slipped to 3.69 percent, which is … Continue reading

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Houston Retail Wrap for January 20

The following is a list of restaurants and retailers that recently opened or signed new leases in the Houston, Tx area: SOUTHWEST – BLU, featuring Euro-Asian cuisine and street foods from around the world, located at Sugar Land Town Square … Continue reading

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Performing Arts High School Possibly Coming to Houston

The Houston Independent School District has identified the 1300 block of Capitol in Houston, Tx as the preferred future home for a new High School for the Performing and Visual Arts. The district has been discussing about relocating the school … Continue reading

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Mortgage Rates Increase Higher

According to Freddie Mac, the average on the 30-year home loan jumped to 3.95 percent from 3.91 percent. Dating to the 1950s, last week’s rate was the lowest average on records. The average on the 15-year fixed mortgage grew to … Continue reading

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Houston Neighborhoods High-Rise Free

Houston City Council in Houston, Tx approved a new ordinance that is scheduled to prevent high-rise buildings from going up next to single-family neighborhoods. The new rule was written in response to the issue over the residential tower planned at … Continue reading

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Weekly Mortgage Activity Increases 12.8%

According to the Mortgage Bankers Association, U.S. mortgage activity increased 12.8 percent with long-term mortgage interest rates falling. Interest rates for 30-year, fixed-rate mortgages dropped from 4.21 percent to 4.18 percent with points decreasing from 0.49 to 0.48, the trade … Continue reading

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30-Year Fixed Mortgage Rate Increases

Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.9 percent, which is up seven basis points from 3.83 percent at this same time last week. After growing to 3.94 percent on Thursday, the 30-year fixed mortgage rate … Continue reading

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30-Year Mortgage Rate Back Under 4%

The usual rate that lenders are offering on a standard 30-year mortgage is back below 4% for the second time this year, according to Freddie Mac. The rate dropped from an even 4% in Freddie’s survey last week to 3.99%. … Continue reading

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