I can certainly wax as lyrically as the next TREC licensed real estate agent about the boons of a large university presence, the burgeoning ecomony and the major employers and the low costs of living here in Austin, TX. But it’s June and my lyrical wax is about to melt, Read more…
Austin loan officer John Schutze runs us through his weekly mortgage rate round up. “Mortgage rates keep inching higher as we end the week! The same factors that lead to the large increase last week are still keeping the pressure on rates: Rising oil prices and gas prices Optimistic predictions Read more…
Here’s Austin loan officer John Schutze with his weekly update on the ups and downs of the mortgage market. “Mortgage rates leaped higher this week! On Wednesday, mortgage rates rose more than .5% in one day! The cause was the result of a confluence of factors, including: Rising oil prices Read more…
Home loans in Austin Texas: here’s local lender John Schutze with his weekly update: “Mortgage rates edged slightly higher this week. The Fed announced they were selling $162 billion worth of Treasury Bonds next week. This is drawing some investor attention away from Mortgage Bonds and caused rates to increase Read more…
Mortgage rates: here’s John Schutze™s weekly update: “Mortgage rates edged lower this week! The impetus for the rate rally this week may be a long-awaited stock market correction. After touching multi-year lows in mid-March, the Dow Jones added 30 percent going into last Friday. It has since lost close to Read more…
Here’s John Schutze™s weekly mortgage rate update: “Mortgage rates continued to increase this week. The Fed’s “Stress Test” on the country’s largest banks showed that overall the banks are in good health. Some of the banks may need to raise some cash during the next couple of years assuming the Read more…