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 […]



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 […]


Austin-area home sales top 3,000, $1 billion in volume in June 2015, prices remain high; Mid-year results show 2015 on pace to exceed historical sales volume in 2014 Austin Board of REALTORS® releases real estate statistics for June 2015 and mid-year 2015   AUSTIN, Texas – July 21, 2015 – According to the Multiple Listing […]


The 4th of July is upon us and that means parades, fireworks and celebrations.  Here is a list of events to do for the whole family… 39th Annual Austin Symphony H-E-B July 4th concert and fireworks– Auditorium Shores, Austin.  8:30pm Admission is FREE. Bring your picnic dinner (no glass or Styrofoam containers) and enjoy an evening […]

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