This week has been fairly quiet in the markets and mortgage bonds have been trading in a sideways pattern. Since the September jobs report back on the 2nd, mortgage rates have drifted back up slightly to a technical level right around the 200 day moving average. This technical level is important because it acts as […]
Last week the Fed decided to hold off on raising short term Fed funds rates; this initially helped mortgage rates, but the improvement halted as the bond market stopped right at the 200 day moving average. 30 year rates touched the 3.875% mark and are now sliding back up. This 200 day moving average in […]
Austin-area home prices set August record, outpace household income growth in August 2015 Austin Board of REALTORS® releases real estate statistics for August 2015 AUSTIN, Texas – September 22, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area single-family home sales remained high […]
Austin-area home sales hit all-time high, inventory levels rising in July 2015 Austin Board of REALTORS® releases real estate statistics for July 2015 AUSTIN, Texas – August 20, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales hit an all-time high, […]
Austin is becoming a town full of fabulous restaurants…Here is a great guide of places to try this month: Apis Restaurant and Apiary-Apis Restaurant and Apiary features an elegant seasonal menu and offers Hill Country residents and visitors a unique and exquisite dining experience, gracefully appointed for special occasions, yet relaxed enough to become your regular culinary sanctuary. Apis, located […]
It’s been a somewhat quite week in the bond markets and rates have been fairly stable. With some of the Greece stuff behind us, the markets are now keeping a close eye on more fundamental economic data for its next direction. Over the last several days we have seen the stock market sliding on mixed […]