Just a heads up as the mortgage backed securities market is fading ( 1 hour to the close). Reason being is that stocks have reversed course, down only 27 points after falling as much as 168 on the day. S & P futures dipped below the 1050 support area but came right back, currently trading at 1060. A price change for the worse (back to this morning’s levels) is in play. Wicked and volatile are the markets these days.
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- Daily oscillators are still posting positive readings and holding above midrange levels – all good things for those that want lower mortgages/better pricing
- Dallas Zip Code Map – Fort Worth Zipcode Map – DFW Zip Code Maps
- Using one standard deviation and a dart board, our bias is for 100k in job losses and a 9.9% unemployment rate
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- 2010 Central Texas Homestead Exemption Forms
- Austin Mortgage Market Update – For the week of November 15, 2010
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- We see the selling as shallow into the later part of the week and then a rebound/rally to deliver better mortgage pricing as we close the book on July
- Texas Mortgage Rates Moved Higher This Week
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