Category: economy

Small Business Owners Looking Forward to Re-Opening of Bridges

Small Business Owners Looking Forward to Re-Opening of Bridges

With just a few hours of announcing the possible re-opening of the international bridges, many small businesses of the region are hoping this will benefit local commerce. Diana Tapia, owner of a small boutique located just a few blocks from Brownsville-Matamoros International Bridge, states that the 19 months of closure between the U.S. and Mexico […]

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MORTGAGE RATES HAVE NEVER BEEN THIS LOW

MORTGAGE RATES HAVE NEVER BEEN THIS LOW

Mortgage rates fell to another record low last week, for the 13th time this year. The average interest rate on a 30-year fixed-rate mortgage dropped to 2.72%, according to Freddie Mac. That’s the lowest level in the nearly 50 years of the mortgage giant’s survey. The 15-year fixed-rate mortgage dropped to 2.28%. “Weaker consumer spending data, […]

Mnuchin Says He Was Personally Involved In Securing Nearly $4 Million For 9/11 First Responders Health Program

Mnuchin Says He Was Personally Involved In Securing Nearly $4 Million For 9/11 First Responders Health Program

Treasury Secretary Steve Mnuchin said Thursday he was “personally engaged” in the move to refund nearly $4 million previously withheld from the health care program assisting September 11 first responders who suffer lasting health effects from the attack and ensuing cleanup efforts. The reimbursement, which the Uniformed Firefighters Association announced Monday, appears to resolve an ongoing back-and-forth […]