So what’s ahead in 2011? No one knows for sure. We do know that treasury and mortgage pricing will be looking for clues. Clues as to whether or not the economy is really expanding or needs more time to clear the mine fields.
With the market being so psycho and at historic lows in Austin mortgage rates, best to be careful. You never know if tomorrow will be Dr Jekyll or Mr Hyde.
The U.S. economy lost 85K jobs in December, bringing the total to 7.6 million since the recession started in December 2007. Back month revisions also come into play as October job losses increased 16K while November’s posting improved by 15k. The November number now stands at plus 4K, the first positive employment growth two years.
The winds of change have once again blown through the [...]
The market has taken a moment to catch its breath, [...]
CPI, inflation at the consumer level, rose .4% in February, [...]
Meant to post this yesterday.... Doom and gloom as grabbed [...]
