Mortgage adviser: M.J.
Property type: Single-family home in El Dorado Hills.
Purchase price: $450,000.
Loan amounts: $380,000 first mortgage, $67,500 home equity line of credit/second mortgage.
Rate: 4% and 6.250%.
APR: 4.059% and 6.250%.
Backstory: My client was in search of financing to purchase her first home.
Her mother had recently died and the client is due [...]
Low mortgage rates and a growing supply of homes for sale propelled Houston-area home sales to a record high in in July with buyers closing on 8,953 single-family homes throughout the region last month. [...]
Hines, the Houston-based real estate development and investment firm, has pledged $500,000 to an existing University of Houston professorship that will lead a new innovation lab at the architecture school, named after the company's founder Gerald D. Hines. [...]