Austin Mortgage Rates

Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week¦.DOWN!! This morning¦according to the government, 95,000 jobs were lost in September. Economists expected a net loss of only 5,000.   The silver lining is that private sector jobs grew by 64,000, but with huge government Read more…

Austin Mortgage Rates

Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates are down from last week!!!The chance for additional Treasury purchases by the Fed helped mortgage rates improve early this week. Stronger than expected economic growth data trimmed the gains later in the week. The net result was that Read more…

Austin Mortgage Rates

Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week unchanged from last week¦Slower than average economic growth and low inflation persuaded investors to purchase bonds, including mortgage-backed securities. Following three months of declines, mortgage rates appear to be settling into a range so far Read more…

Austin Mortgage Rates

Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates inched up slightly as we end the week!   In a highly anticipated speech Friday morning, Fed Chief Bernanke confirmed that economic growth has fallen below the expected levels in recent months. He also suggested that the Fed Read more…