Tag Archives: 30-year bond

Best bet for Austin mortgage borrowers is to be conservative/cautious with locking your interest rates as the political news will be tomorrow morning’s early trade

November 2, 2010

Best bet for Austin mortgage borrowers is to be conservative/cautious with locking your interest rates as the political news will be tomorrow morning’s early trade Continue reading →

As we have preached all week, defense is your friend, Austin mortgage borrowers, and the exclusive float down option from Max Leaman is a no brainer

October 15, 2010

Call the market neutral/bearish with good support nearby. As we have preached all week, defense is your friend, Austin mortgage borrowers, and the exclusive float down option from Max Leaman is a no brainer. Continue reading →

Best bet for Austin mortgage borrowers is to take a defensive posture

October 13, 2010

Best bet for Austin mortgage borrowers is to take a defensive posture. With so much bond-friendly news priced in, the risk reward for better mortgage pricing is just not there, folks. Continue reading →

Austin mortgage borrowers are encouraged to take advantage of any rallies

September 24, 2010

Austin mortgage borrowers are encouraged to take advantage of any rallies. Too many cross currents leads to high levels of volatility. Play it safe and take advantage of your opportunities! Continue reading →

Time for Austin mortgage borrowers to get a little defensive, looking to Friday’s employment report for a little more economic clarity

September 1, 2010

One report doesn’t turn the trend but at the same time, we have been warning about topping action and poor risk reward in gambling with this market. Time for Austin mortgage borrowers to get a little defensive, looking to Friday’s employment report for a little more economic clarity. Continue reading →

For today, when stocks go tick, bonds go tock

August 27, 2010

For today, when stocks go tick, bonds go tock. Dangerous price action so be careful Austin mortgage borrowers! As we speak, the 10 year note is off 40/32’s and 30 year bond down nearly 3 points. Continue reading →

Big picture still suggests low Austin mortgage rates will be with us for some time to come

August 20, 2010

Big picture still suggests low Austin mortgage rates will be with us for some time to come. Just get used to the volatility. Continue reading →

Overall, we see continued low Austin interest rates on mortgages and historically low yields on treasuries well into the 4th quarter

August 20, 2010

Overall, we see continued low Austin interest rates on mortgages and historically low yields on treasuries well into the 4th quarter. The market is however forming a huge bond bubble that will someday create a massive correction. That day is not today or tomorrow. Continue reading →

Bigger picture does not support a move to higher Austin interest rates

August 12, 2010

Stocks visiting good support and bouncing have added pressure to the fixed income complex as well. Bigger picture does not support a move to higher Austin interest rates, just one that adjusts value to a more neutral level. Continue reading →

Gold hit a new high this morning of $1254.50 on European currency and equity concerns

June 8, 2010

Gold hit a new high this morning of $1254.50 on European currency and equity concerns. Fed Chair Bernanke hit the wire as well, trying to assure the markets that the US will avoid slipping back into recession. Doesn’t seem as many are listening given another round of early stock gains followed by selling into strength. Stock bulls are doing their best to defend the 1040 level in S&P’s (currently 1046) but need to move higher or will most likely fall under their own weight with a new target of 980. Continue reading →