Tag Archives: bullish

With the Employment Report for October due out at 7:30 am cst tomorrow, the prudent thing for Austin mortgage borrowers is to lock their Austin mortgage rates now

November 4, 2010

Given that we are at the best levels in a month, your timing couldn’t be better in front of such a high profile release. We’ll preview the Employment Report early this afternoon. Continue reading →

Austin mortgage borrowers are advised to take advantage of rate improvement we see as the skies have yet to clear

October 28, 2010

With the elections and the Fed meeting next week to hopefully clarify QE2, things could get wild. We also have the Employment report for October a week from tomorrow. Austin mortgage borrowers are advised to take advantage of any rate improvement we see as the skies have yet to clear. 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 →

Austin mortgage pricing to be slightly better or worse from today’s levels over the next week or so

August 13, 2010

Given the auction paper to digest and the soft economic background, we expect the market to trade in a small range with a bullish bias, allowing for Austin mortgage pricing to be slightly better or worse from today’s levels over the next week or so. Continue reading →

For the sixth week in a row now, Austin mortgage rates have eased to all-time record lows

July 30, 2010

For the sixth week in a row now, Austin mortgage rates have eased to all-time record lows, even during a week of pretty mixed housing data. Rates sit at the lowest point since Freddie began tracking it in 1971. Continue reading →

Short term, Austin mortgage borrowers are encouragerd to stay defensive

July 26, 2010

Short term, Austin mortgage borrowers are encouragerd to stay defensive. Fast money is selling the long end of the curve, dragging the 10 year note along with it. Not a lot of downside is expected from here. The week ahead will feature Case Shiller Home Prices, Consumer Confidence, Durable Goods, Weekly Claims, and GDP on Friday. Continue reading →

Good time for Austin mortgage borrowers to put both hands on the wheel

July 20, 2010

This typically will tell us that buyers of treasuries still have the advantage but will need a little giddy up go to stay at these levels. Good time for Austin mortgage borrowers to put both hands on the wheel. Continue reading →

Odds of a worsening Austin mortgage price change are starting to rise

June 30, 2010

Overall supportive but just the same, the market has come a long way in short period of time. Some type of consolidation would not be a surprise at all. Currently, mortgage backs are off 6/32’s. Odds of a worsening Austin mortgage price change are starting to rise. Be careful out there. Continue reading →

Not to say we will not see lower Austin mortgage rates and better pricing but for that to come to fruition, we’ll need a major catalyst

June 24, 2010

Not to say we will not see lower Austin mortgage rates and better pricing but for that to come to fruition, we’ll need a major catalyst. Something like a stock market rout or collapse of Greece. In English, the smart money will bet against this, at least for a corrective trade that could take the 10 year note back to 3.25%. Pricing was struck with MBS unchanged, now down 5/32’s. Trigger fingers are getting twitchy. Continue reading →

Stocks just can’t catch a break, slip slidding once again into negative territory

June 22, 2010

Stocks just can’t catch a break, slip slidding once again into negative territory. Bonds, notes, and Austin mortgage pricing are the benefactors, continuing to push to lower yields. Continue reading →