Austin mortgage rates to stay low into yearend and beyond
This country needs to see jobs growth of at least 250K per month just to break even. That will take time allowing Austin mortgage rates to stay low into yearend and beyond.
Take advantage of any rally the market gives you and get on the bus before it leaves the station
This is a time for Austin mortgage borrowers to be careful. Take advantage of any rally the market gives you and get on the bus before it leaves the station.
Austin interest rates too good so be careful in this market
What we do know is that the bond market is anticipating additional accommodation via treasury/MBS purchases or others forms of stimulus. We may, in fact, have gotten a little ahead of ourselves (Austin interest rates too good) so be careful.
Semiannual Monetary Policy Report to the Congress
The Fed Chief is on the hill, still speaking about the state of our economy. I haven’t caught much of his speech, only been following the market reaction. Stocks don’t like it, down 120 on the Dow. Bonds like it, up 8/32’s on the 10 year note.
The Fed emphasized their continued commitment to purchase both Treasuries and MBS through October. Market reaction has been volatile
No change in the Fed Funds interest rate and not [...]
With housing affordability at an all time high and 8K from Uncle for first time buyers, the improvement is meager at best.
Report. Citing job losses of 473K with the Unemployment Rate [...]