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​New membership-only lounge coming to Austin airport from American Airlines

American Airlines said visitors will "get a taste of the Austin vibe," inside its new to-be-built lounge. (American Airlines)

American Airlines announced plans for a new 15,000-square-foot lounge, to be called the "Admirals Club," at Austin Bergstrom International Airport. The airline said the lounge will be the largest at the airport.

The Admirals Club will be able to seat more than 250 travelers and will be located near Gate 14. Construction is set to begin next year, with an opening date to be released later, but the existing lounge will remain open in the interim, according to a press release.

"We can't wait to offer this exciting new amenity to passengers," AUS Chief Executive Officer Jacqueline Yaft said. "The new Admirals Club strengthens the investments made by American Airlines at AUS and will bring an elevated experience to travelers that will reflect the culture, music and art that locals and visitors alike love so much about Austin."

The lounges are membership-based, with more than 60 Admirals Club lounges worldwide, and come with complimentary food, beverages, Wi-Fi, magazines, business centers and a playroom for kids.

"Austin has such a unique energy, with its fascinating mix of technology and arts. American wants to create a club that reflects that eclectic style and pays homage to the lively music scene," Managing director of premium customer experience and onboard products Clarissa Sebastian said. "We can't wait for customers to experience the new space, with much more room to relax, unwind and enjoy."

Over the past year, American has expanded its Austin presence by adding more than 25 new nonstop routes, including major destinations like Puerto Vallarta, London and Cabo.

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A mortgage banker walks us through the math on purchasing a 'mid-price' Austin home

So you want to buy a house?

To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.

Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.

Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.

So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.

Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.

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Fall camping: Camp Fimfo Waco offers one-of-a-kind experiences in the heart of Texas
Camp Fimfo Waco

Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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