Our best case is for Austin mortgage rates to hold steady so use this time to be a little defensive
As you can see, our best case is for Austin mortgage rates to hold steady so use this time to be a little defensive into the FOMC announcement.
Factors good for mortgage pricing and bad for your 401K
Bill Gross, Pimco’s bond god, said the decisions were based on their view of the dollar’s direction (negative) and increased government debt. All of the above has been good for mortgage pricing and bad for your 401K.
October Housing Starts fell 10.6%: some have blamed the fall on uncertainty over the 8K first time home buyers stimulus while others point to a consumer who is unemployed and over budget
October Housing Starts fell 10.6% to 529k units (annualized). Some have blamed the fall on uncertainty over the 8K first time home buyers stimulus while others point to a consumer who is unemployed and over budget.
Inflation news tops the economic data today as PPI, inflation at the producer level rose .1% while the core index rose .2%
Inflation news tops the economic data today as PPI, inflation [...]