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Market Update2021-04-30T14:14:50-05:00

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2809, 2018

Halloween in Austin 2018 – Things to Do

September 28, 2018|Austin Mortgage Market|

Halloween in Austin 2018 - Family Fun, Pumpkin Patches, Ghost Tours, Hayrides, Costume Contests and more in the greater Austin, Georgetown, Round Rock, Lake Travis, Westlake, TX area! Evergreen Farms Pumpkin Hunt, Ausin Ghost Tours, Austin Ghost Tours, Halloween Symphony Concert, Round Rock Fall Fun Festival, Boo at the Austin Zoo, Ladybird Wildflower Center Halloween Fun, Murder Mystery on Cedar Park TX Bertram Flyer, Harvest of Fall Fun at Sweet Berry Farms in Marble Falls TX, and the Jersey Barnyard pumpkin fun!

2709, 2018

VA Loans Texas

September 27, 2018|Austin Mortgage Market|

July 2018, Austin was named the location for the Army Futures Command, a new division dedicated to modernizing the military branch. VA loans offer 100% Financing up to $453,100 for military personnel and veterans. With a down payment, VA loan [...]

2704, 2017

Spyglass Realty & Investment – Preferred Lender – Max Leaman

April 27, 2017|Austin Mortgage Market|

Spyglass Realty broker, Ryan Rodenbeck interviews Max Leaman with Prime Lending. Max is the number one volume producer of Austin real estate loans. In this interview, we go over the factors that contribute to rising and falling interest rates, the difference in a condo loan vs a house loan, how jumbo loans are structured and renovation loans are structured.

1111, 2013

Texas Mortgage Market Update – For the week of November 11, 2013

November 11, 2013|Inside Lending Newsletter|

Texas Mortgage Market Update - For the week of November 11, 2013 - People who don't believe in the housing recovery will no doubt ignore the latest proof of its strength. The National Association of Realtors (NAR) reported that most metro areas saw solid year-over-year price gains in the third quarter. The national median price posted its strongest annual growth in almost eight years. For existing single-family homes, the median price rose in 88% of the markets measured, based on Q3 closings, compared to last year.

411, 2013

Texas Mortgage Market Update – For the week of November 4, 2013

November 4, 2013|Inside Lending Newsletter|

Texas Mortgage Market Update - For the week of November 4, 2013 - This week we'll have to be the candle that spreads light on the housing recovery, as the September Pending Home Sales Index didn't shine too brightly. This measure of contracts signed on existing homes fell 5.6% from August to September, suggesting a dip in closings for that type of property during Q4. The September drop was put to a lower level of consumer confidence, plus higher mortgage rates and home prices, although home price gains also reassure buyers that they're making an appreciating investment.

1208, 2013

Texas Mortgage Market Update – For the week of August 12, 2013

August 12, 2013|Inside Lending Newsletter|

Texas Mortgage Market Update - For the week of August 12, 2013 - We're definitely working our way through the housing recovery, with the latest data showing strong year-over-year gains in prices and sales. The National Association of Realtors (NAR) reported the national median existing home price increasing at an annual rate of 12.2% in Q2, from $181,300 to $203,500. That's the biggest yearly price boost since Q4 of 2005. Sales didn't do too badly either, up 12.3% annually in Q2 versus a year ago. The 5.06 million annual rate for the quarter was the highest reached since Q2 of 2007.

2907, 2013

Texas Mortgage Market Update – For the week of July 29, 2013

July 29, 2013|Inside Lending Newsletter|

Texas Mortgage Market Update - For the week of July 29, 2013 - It was certainly important to understand the details of last week's Existing Home Sales report. The headline numbers showed June Existing Home Sales were down a disappointing 1.2%, to a 5.08 million annual rate. But other details were encouraging. Existing Home Sales are up 15.2% over a year ago. The median price of an existing home rose and is now up 13.5% from a year ago. Sales are near their highest levels since November 2009, when they were spiked by the big home buyer tax credit. Existing home sales remain above the 5 million a year threshold, a very decent place to be.

1507, 2013

Texas Mortgage Market Update – For the week of July 15, 2013

July 15, 2013|Inside Lending Newsletter|

Texas Mortgage Market Update - For the week of July 15, 2013 - Some see the recent rise in mortgage rates as a difficulty, but the latest Fannie Mae National Housing Survey posits a different point of view. Their chief economist says: "The spike in mortgage rate expectations this month...may increase housing activity in the near term by driving urgency to buy." He explains: "Consumers may recognize that today's still favorable mortgage rates and homeownership affordability levels will recede over time.... More prospective homebuyers may be deciding that now is the time to get off the fence."