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Home Loan Rates – Austin, Texas
Happy almost New Year! The market wasn’t great this week, but that is typical for this time of year. Again, let’s keep our fingers crossed for better rates come Jan 10th or so. Buckle up tonight. Use a designated driver if needed and have lots of fun! It’s a moral imperative. Buckling down at home? Start the new year with a mortgage consultation! By applying on my website, we can begin to... [Read more]
Austin and San Antonio are Recovery Stars
Austin and San Antonio will be the first two U.S. cities to recover from the recession, according to a new national forecast from IHS Global Insight. The forecast from the Lexington, Mass. economic research firm suggests the two Texas cities will bounce back to their pre-recession job levels sometime next year. Austin was also named one of the 20 best performing metropolitan areas in the second quarter... [Read more]
Mortgage Rates, Austin, TX
Hello, Austin! Again, not much to report today. As mentioned this week is holding much higher as trade volume is virtually standing still on the Wall Street level. 30-year fixed rates today are sitting about 5.00% while your 15-year fixed is at 4.5%. I don’t expect anything different for 10 days so lets all enjoy the end of 2009 and I will keep you updated in the event anything out of the... [Read more]
Home Loan Rates – Austin, TX
Welcome back, everyone! I sincerely hope you all had safe travels and/or a very special Christmas at home. This week like last week will start and finish off with rates much higher than we have seen the last month. As I mentioned last week, we won’t see any relief from this uptick until corporate earnings start posting mid January and some expected lower earnings reports gives bonds (mortgage... [Read more]
Home Loan Rates – Austin, TX
The week is wrapping up and mortgage rates are in the toilet. I don’t even have the heart to post them today. Don’t be overly concerned. Mortgage rates are based on trading in the stock market between stocks and bonds. Many traders take off the week of Christmas so trade volume is typically way down. I predict rates will hover around 5.00% until after New Year’s. In January, America’s... [Read more]
