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Average 30-year mortgage rate slips to 4.23 percent
Business
Published in 24-3-2017
    362 Visits

Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate home loans fell to 4.23 percent from 4.30 percent last week. Investors bid rates up because they expect President Trump's plans to cut taxes and increase spending on defense and infrastructure to push economic growth and inflation higher. The Federal Reserve last week raised short-term rates for only the third ...>>

Reference: www.chron.com
New home sales rise despite higher mortgage rates
Business
Published in 24-3-2017
    822 Visits

Healthy job growth and a recovering economy have pushed up interest in new homes, while the prospect of rising mortgage rates since the November presidential election may have pulled some sales forward. "Sales were likely boosted by the much warmer-than-usual weather last month, which made visiting new-home construction sites less miserable than usual in February," said Ian Shepherdson, chief ...>>

Reference: www.chron.com
Veterans-run junk-removal business coming to Houston
Business
Published in 24-3-2017
    584 Visits

A franchise company offerings franchises exclusively to military veterans and their families plans to open 10 Houston area location.

Reference: www.chron.com
Yellen’s early backers now hoping they were right
Business
Published in 24-3-2017
    365 Visits

Yellen has begun the process of pulling back the Fed's unprecedented stimulus of the economy - drawing the concerns of liberal policy experts and economists worried it will upset a fragile recovery.

Reference: www.chron.com
U.S. consumer prices rise 0.2 percent in August
Business
Published in 24-3-2017
    381 Visits

WASHINGTON (AP) U.S. consumer prices edged up 0.2 percent in August as a surge in medical care offset flat readings for food and energy. The Fed raised rates by a quarter-point last December but since then, officials have held off on further rate hikes, reflecting concerns about sluggish economic growth and periodic turbulence in financial markets. The rise in core inflation in August was le ...>>

Reference: www.chron.com
Business group forecasts modest job growth in 2017
Business
Published in 24-3-2017
    775 Visits

The outlook has improved a lot, but the recovery won't come fast.

Reference: www.chron.com
Texas adds 21,000 jobs in November; unemployment slips to 4.6 percent
Business
Published in 24-3-2017
    778 Visits

Texas added nearly 21,000 jobs in November and the unemployment rate fell, the Texas Workforce Commission reported Friday.

Reference: www.chron.com
A problem with Trump’s plan to boost Wall Street: Banks more profitable than ever
Business
Published in 24-3-2017
    168 Visits

The banking industry has cheered President Donald Trump's promise to roll back regulations put in place after the financial crisis to rein in Wall Street. But the industry's record-setting profits complicate the arguments for rolling back those rules, which banking analysts have said could boost their profits even more.

Reference: www.chron.com
Houston Shred Day to help prevent identity theft
Business
Published in 17-3-2017
    263 Visits

Comerica Bank and Iron Mountain, a storage and information management services company, will host their fifth annual Shred Day Houston on April 8, the companies announced Wednesday.

The free shredding event is designed to raise awareness of identity theft and how to prevent it. It will held from 8 a.m. to 4 p.m.at Comerica Bank's Mangum Banking Center, located at 2201 Mangum Road. ...>>

Reference: www.chron.com
Average 30-year mortgage rate rises to 4.30 percent
Business
Published in 17-3-2017
    270 Visits

The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday. The Fed action reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed said in a statement that a strengthening job market and rising prices had moved it closer to its targets for employment and inflation. ...>>

Reference: www.chron.com
IES Holdings buys custom enclosures manufacturer
Business
Published in 17-3-2017
    694 Visits

IES Holdings has acquired Freeman Enclosure Systems based near Cincinnati.

Reference: www.chron.com
Children's Lighthouse Learning Centers to open in The Woodlands
Business
Published in 17-3-2017
    580 Visits

Children's Lighthouse Learning Centers will open a location in the Creekside Village neighborhood in The Woodlands.

Reference: www.chron.com
Target is counting on Victoria Beckham to spice up sales
Business
Published in 17-3-2017
    255 Visits

The pop-star-turned designer and Target teased looks Wednesday from a limited-time collaboration that go on sale next month, highlighting hot-pink pants suits and whimsical black-and-white dresses. Beckham, noting that the collection also includes items like coloring books, says the inspiration was the things she and her daughter Harper do together. Target has been sprucing up its fashions an ...>>

Reference: www.chron.com
Houston Shred Day to help prevent identity theft
Business
Published in 17-3-2017
    918 Visits

Comerica Bank and Iron Mountain, a storage and information management services company, will host their fifth annual Shred Day Houston on April 8, the companies announced Wednesday.

The free shredding event is designed to raise awareness of identity theft and how to prevent it. It will held from 8 a.m. to 4 p.m.at Comerica Bank's Mangum Banking Center, located at 2201 Mangum Road. ...>>

Reference: www.chron.com
Average 30-year mortgage rate rises to 4.30 percent
Business
Published in 17-3-2017
    288 Visits

The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday. The Fed action reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed said in a statement that a strengthening job market and rising prices had moved it closer to its targets for employment and inflation. ...>>

Reference: www.chron.com


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