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equity markets

Home > Posts > Tag: equity markets

From a pure chart play, we would advise locking in your Austin mortgage rate

From a pure chart play, we would advise locking in your Austin mortgage rate. Trouble with that advice is stocks and all the global heartburn can put the chart on its head. Tough one to handicap. Given the high profile jobs number tomorrow, it’s best to be a live dog than a dead lion when it comes to your Austin mortgage rate!

2010-02-04T16:03:51-06:00February 4, 2010|Austin Mortgage Market|

Concerns over the deficit and debt levels in Greece are once again in play, forcing European markets lower and then spilling over to stateside equity markets

The news rallied European bonds and has given a lift to treasuries and MBS, pushing the 10 year note above the 21 day moving average. If we can hold these levels, the chart will turn to neutral from bearish and should work its way into better mortgage pricing.

2010-01-12T16:25:40-06:00January 12, 2010|Austin Mortgage Market|