The Adelo Blog

Life, Fun & Real Estate in Austin, Texas

Monthly jobs data came out this morning and the survey says……255K new jobs in July, above the 185K expected. This makes two consecutive months with positive job data. Remember, positive economic news puts upward pressure on rates and gives the Fed more reason for future rate hikes. However, looking a little more long term, I […]

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  • August 5, 2016
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30 year fixed mortgage rates have been seesawing all week in a tight range between 3.625%-3.750%; rates have been supported by favorable Fed commentary of late and uncertainty in foreign markets. Rates are close to 52 week lows and fundamentally they will have a hard time breaking any lower. This is also a great time […]

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  • April 8, 2016
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Dancing with the Stars– Feb 4th 8:00pm Bass Concert Hall Travis Tritt-Feb 4th 7:00 Paramount Theater Crystal Gayle-Feb 6th One World Theater Austin Marathon and Half Marathon– February 14 Free Sunset Yoga on the terrace of Wholefoods is back!  Mondays and Wednesdays 7-8pm during the months of February and March.  Whole Food Lamar location Jason […]

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  • February 2, 2016
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AUSTIN, Texas – Jan. 21, 2016 – Austin-area single-family home sales and prices set all-time records in 2015, as well as records for the month of December 2015, according to the December 2015 and Year-End 2015 Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS. Aaron Farmer, 2016 President of the […]

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  • January 22, 2016
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Mortgage rates have been seesawing this week in a tight range between 3.750-3.875% on 30 year fixed loans with zero points (417K or less). The stock market has been in a four week winning streak and this has been putting some pressure on mortgage bonds. A Fed rate hike is off the table right now […]

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  • October 23, 2015
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