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CPI

Home > Posts > Tag: 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

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.

2010-11-15T15:24:28-06:00November 15, 2010|Austin Mortgage Market|

Austin Mortgage Market Update – For the week of 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.

2010-09-20T15:12:24-05:00September 20, 2010|Inside Lending Newsletter|

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)

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).

2010-08-16T14:43:02-05:00August 16, 2010|Austin Mortgage Market|