It’s a huge news week and the markets could be volatile.  Tonight at 9:00 p.m. ET President Trump will meet North Korean leader Kim Jong Un with the goal being “the complete, and verifiable, and irreversible denuclearization of the Korean Peninsula.”  If the Summit goes well we should expect mortgage rates to suffer, which they […]

This week was Fed week and the Fed held their two day meeting on Tuesday and Wednesday. These meetings occur periodically throughout the year and the markets keep a close eye on the announcement following these meetings. The Fed will announce any rate hike decisions and or give us insight into the probability of future […]

Home sales volume declines in Central Texas for the second time in 2016, prices continue to rise AUSTIN, Texas – Aug. 18, 2016 – Single-family home sales volume declined in the Central Texas area for the second time in 2016, according to the July 2016 Central Texas Housing Market Report released today by the Austin […]

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 […]

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 […]

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 […]

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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