Here™s some pretty good news on mortgage rates for Austin. This is John Schutze™s mortgage rate update:
œMortgage rates inched higher late this week.
The continued stock market rally finally pressured rates higher this week. Stronger than expected earning reports from several large corporations like Citigroup, GE and Google helped fuel the stock market. Rates increased .125 to .25 across the board…still below 5.0% for 30 year rates though!
John™s Austin mortgage blog has news on factors that impact lending rates.