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Most Popular Posts
- Dallas Zip Code Map – Fort Worth Zipcode Map – DFW Zip Code Maps
- Daily oscillators are still posting positive readings and holding above midrange levels – all good things for those that want lower mortgages/better pricing
- Using one standard deviation and a dart board, our bias is for 100k in job losses and a 9.9% unemployment rate
- New! Houston Zip Code Map – Houston, Texas
- Austin Continues to Lead Country Out of the Recession
- Dallas & Forth Worth (DWF) Zip Code Maps on MaxLeaman.com
- Austin Mortgage Market Update – For the week of November 15, 2010
- 2010 Central Texas Homestead Exemption Forms
- City of Austin Requires Energy Audit Before Property Sale
- Texas Mortgage Rates Moved Higher This Week
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Tag Archives: economic data
How President Obama’s State of the Union Address will Impact Economy and Mortgage Markets
The focus this week will be directed at President Obama’s State of the Union Address on Tuesday, the first FOMC meeting of 2011 on Wednesday, and the first release of fourth quarter GDP results on Friday. Continue reading
Austin Mortgage Market Update – For the week of November 22, 2010
Last Wednesday, the Commerce Department reported that Housing Starts dropped 11.7% in October. This drop put Housing Starts at a seasonally adjusted annual rate of 519,000, their lowest level in 18 months. But most of the fall off came from a 43.5% decline in multifamily construction, a volatile part of the market. Single-family building, accounting for more than 80% of all starts, was off just 1.1%, to 436,000 units. And September single-family starts were revised UP to a 2.1% gain. Meanwhile, Building Permits, which reflect builders’ views of the future, were UP 0.5% to 550,000, another hopeful sign. Continue reading
Austin mortgage rates ended the week with little change
The economic data released during the week continued to show low inflation and modest economic growth. As a result of no real surprises, Austin mortgage rates ended the week with little change. Continue reading
Data Turns Austin Mortgage Rates Higher
After falling for several weeks, stronger than expected economic data caused Austin mortgage rates to turn a little higher late this week. Upside surprises in important labor market, housing, and manufacturing reports were negative for the Austin mortgage market and positive for stocks. Continue reading
Best bet for Austin mortgage borrowers is to lock in their interest rate
Best bet for Austin mortgage borrowers is to lock in their interest rate. It just makes cents (and dollars too). Expect the day to be one of “squaring up” for traders in both bonds and stocks, with not much movement seen from current levels. Continue reading
Weak Economic Data Supports Lower Austin Mortgage Rates
Generally weaker than expected economic data again pushed Austin mortgage rates to new lows this week. The current Fed outlook is for below average economic growth with low inflation, which is a favorable environment for low Austin mortgage rates. Continue reading
Probability of a worsening Austin mortgage price change is gaining
Probability of a worsening Austin mortgage price change is gaining. Nothing huge, just volatile. As I mention late last week, borrowers should be careful as the market continues to churn on headlines from out of the blue! Continue reading
Low Inflation Helps Austin Mortgage Rates
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