Tag Archives: Weekly Unemployment Claims

We feel that near term price action will focus on further downside (higher Austin mortgage rates/worse pricing) as we have yet to find a bottom

November 18, 2010

We feel that near term price action will focus on further downside (higher Austin mortgage rates/worse pricing) as we have yet to find a bottom. If there is a ray of hope, it will be that the 10 year note can hold at or below 2.95% (currently 2.93%). Best bet for Texas mortgage borrowers is to stay defensive. Before the market picks your pocket, lock your mortgage loans with the float down option (“option to lower your interest rate one time”)! Continue reading →

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 →

Austin mortgage borrowers are advised to be defensive

October 21, 2010

Austin mortgage borrowers are advised to be defensive. Stocks will be the key. If they slip, we’ll do better. Overall, QE2 will keep a floor under the market. Just the same, we’ll need to deal with the volatility. Continue reading →

Austin mortgage borrowers: best to take a conservative approach given the amount of volatility we expect

October 14, 2010

Austin mortgage borrowers: best to take a conservative approach given the amount of volatility we expect. 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 →

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 →

With the market being so psycho and at historic lows in Austin mortgage rates, best to be careful

July 22, 2010

With the market being so psycho and at historic lows in Austin mortgage rates, best to be careful. You never know if tomorrow will be Dr Jekyll or Mr Hyde. Continue reading →

Austin borrowers are advised to lock in their Austin mortgage interest rates and step aside as we’re not sure whether the light in the tunnel is the end or a train

July 1, 2010

With risk reward not in your favor, Austin borrowers are advised to lock in their Austin mortgage interest rates and step aside as we’re not sure whether the light in the tunnel is the end or a train. Continue reading →

Analyst Meredith Whitney expects U.S. economy to have rough 2nd half – if true, expect Austin mortgage rates to stay low into 2011

June 21, 2010

In the “for what it’s worth” department, top analyst Meredith Whitney has a bearish call on equities (stocks) and expects the U.S. economy to have a rough second half. If true, expect Austin mortgage rates to stay low into 2011. Continue reading →