Tag Archives: CPI

Currency wars is what this is all about and the Fed is getting exactly what it hoped for, consumer expectations of rising inflation to shut the door on deflation

November 15, 2010

Currency wars is what this is all about and the Fed is getting exactly what it hoped for, consumer expectations of rising inflation to shut the door on deflation. This was evidenced in last week’s Michigan Sentiment Survey. With QE2 priced in “before” it happened and the negative connotations mentioned above, treasuries have continued to be slaughtered, sending credit costs higher, doing nothing to stimulate the economy. Look for the Fed to try and talk rates back down. 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: don’t take historic low Austin mortgage rates for granted

October 12, 2010

Currently, the best bet for Austin mortgage borrowers: don’t take historic low Austin mortgage rates for granted. Continue reading →

Austin Mortgage Market Update – For the week of September 20, 2010

September 20, 2010

Fannie Mae released a housing survey showing 70% of those polled in June and July feel now is a good time to buy a home. This is up from a 64% reading in January. At the same time, 83% of those people surveyed think it’s a bad time to sell, which isn’t such a terrible thing, since there’s still plenty of inventory for buyers to choose from. Continue reading →

We’re in the 10th consecutive week of positive price action on the weekly chart — something that is rare to see (8 weeks or more)

August 16, 2010

Conditions favor continued bullish price action (Austin mortgage price improvement) but probably at a slower pace. Reason being is that we’re in the 10th consecutive week of positive price action on the weekly chart. Something that is rare to see (8 weeks or more). 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 →

Enjoy the historic low Austin mortgage rates

July 16, 2010

Any where here, current mortgage pricing or a little better is a good place for borrowers to lock in their Austin mortgage interest rates. Any reversal in stocks will simple reverse our direction and take the market to the lower part of the range. Enjoy the historic low Austin mortgage rates. Continue reading →

Slow U.S. Growth, Low Austin Mortgage Rates

July 16, 2010

Weaker than expected economic data and continued low inflation helped Austin mortgage rates move a little lower from last week. In recent weeks, investors have modified their consensus outlook to reflect weaker economic growth during the second half of the year. Continue reading →

Today we see a continuation of Wednesday’s improving bond prices

July 15, 2010

Today we see a continuation of Wednesday’s improving bond prices. Austin mortgage pricing followed this trend, with a combined two day price improvement. Continue reading →

Low Inflation Helps Austin Mortgage Rates

June 18, 2010

Economic data moved Austin mortgage rates this week. Slower than expected economic growth data and low inflation figures were favorable for the Austin, TX mortgage market. As a result, Austin mortgage rates ended the week lower. Continue reading →