Well folks, not too much better news this week with mortgage rates. As mentioned from previous updates, mortgage bonds are still trading below that critical 200 day moving average, and the volatility is higher this week as well. Last Friday’s strong employment data along with increased forecasting of a Fed rate hike, has put a […]

We have had a somewhat flat week in the bond markets; just a little bit of movement up and down and 30 year mortgage rates are straddling the 4.000% mark. Depending on the day to day movement, clients may be able to catch a 3.875 rate with zero points, but we are still mainly at […]

West Austin Art Tour– The West Austin Studio Tour is a free, self-guided tour that champions the abundance of talent within Austin’s large and wildly diverse creative community. The public is invited to discover new artistic talent, see working studios, learn about artists’ tools, techniques, and inspirations, and support the arts community by building their […]

No plans this weekend?  No worries.  This weekend is packed with events and activities for the whole family. Umlauf Garden Party: Paul Qui + Deana Saukam are the honorary chairs of this years enchanted evening of amazing food, wine, and music.  Proceeds go to preserving the grounds of Umlauf.  Umlauf Garden and Museum Thursday, April 23 […]

We have had a fairly tame week in the bond markets; the week was filled with inflationary index readings and they all came in relatively flat. Remember, as we start to see higher inflation readings this will have negative effect on mortgage rates, but for now, no big inflationary threat in the short run.  There […]

There are so many things to do in Austin this April.  Here are a list of some activities for you and your family Balloons Over Horseshoe Bay: April 3-5.  More than 20 hot-air balloons from across America will converge at the second annual Balloons over Horseshoe Bay Resort on Easter weekend Austin Fashion Week: April […]

Austin-area single-family home sales and home prices hit an all-time high for the month of February according to the February 2015 Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®. Barb Cooper, 2015 President of the Austin Board of REALTORS®, explained, “The first two months of 2015 have broken monthly records […]

After last week’s run up in rates, this week things moved a touch lower. Wednesday’s accommodating Fed statement helped rally the bond market and gave us some support on mortgage rates. Current rates are back in the 3.750-3.875% range on 30 year fixed loans. However, we are butting up right on a resistance level so […]

Spring Break is here and no out-of-town plans?  Here are some great suggestions to do in Austin 1.  Texas Capital– What a great place to learn about Texas history and the Texas Legislature.  Free Tours are available daily: Mon-Fri 8:30am-4:30pm; Sat 9:30am-3:30pm; Sun Noon-3:30pm 2.  Austin Zoo– fun for the whole family 3.  Baylor Street Art […]

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