mortgage rates historic

Austin Mortgage Market Update – For the week of February 8, 2010

he Pending Home Sales Index recovered from its November slump, increasing 1.0% in December, putting it 10.9% over its level of a year ago. National Association of Realtors chief economist Lawrence Yun sees "...a broad improvement over year-ago levels. December activity was the fifth-highest monthly tally in two years." The slump was attributed to the rush before November to grab the tax credit set to expire at the end of that month.

Many experts are expecting Austin mortgage rates to jump a half a point or more after the Fed’s mortgage backed securities (MBS) purchase program wraps up at the end of March

Austin mortgage rates - Many experts are expecting Austin mortgage rates rates to jump a half a point or more the Fed's mortgage backed securities (MBS) purchase program wraps up at the end of March. Take a look HERE to see how historically low Austin mortgage rates are today. It looks like waiting to get Austin mortgage financing could be dangerous to one’s financial health!

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