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…
Austin home selling: staging your home is a key part of the home selling process regardless of whether your part of the Austin real estate market is faring well or poorly. A February 2009 study from the Real Estate Staging Association claimed that vacant homes sold in 85% less time 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…
Looking for mortgage news in Austin? Here’s John Schutze™s mortgage rate update: “Mortgage rates increased about .125% across the board this week. The Fed left the Fed Funds target rate at 0-.25%, but commented that while the economy has still contracted over the past month, “the pace of contraction appears Read more…