Austin mortgage borrowers: best to take a conservative approach given the amount of volatility we expect
Austin mortgage borrowers: best to take a conservative approach given the amount of volatility we expect.
We’ll give the 10 year note auction a B, not to hot, not to cold, but just right considering yesterday’s disaster
We’ll give the auction a B, not to hot, not to cold, but just right considering yesterday’s disaster and the tough hedging environment that fixed income investors are in today.
Best bet for Austin mortgage borrowers is to take a defensive posture
Best bet for Austin mortgage borrowers is to take a defensive posture. With so much bond-friendly news priced in, the risk reward for better mortgage pricing is just not there, folks.
Markets didn’t flinch on the FOMC minutes release, content on staying at the low end of today’s trade (highest yield/worse Austin mortgage levels)
Markets didn’t flinch on the FOMC minutes release, content on staying at the low end of today’s trade (highest yield/worse Austin mortgage levels).
Best bet for Austin mortgage borrowers: don’t take historic low Austin mortgage rates for granted
Currently, the best bet for Austin mortgage borrowers: don’t take historic low Austin mortgage rates for granted.
Austin Mortgage Market Update – For the week of October 11, 2010
With all the conflicting opinions about the housing market, we found this recently published article in the Wall Street Journal to be quite helpful. It's title says it all, "10 Reasons to Buy a Home."
Austin Mortgage Rates Helped by Weak Jobs Data
Weak Employment data and increased expectations for Fed monetary easing were favorable for Austin mortgage rates this week. Investors have priced in a high likelihood of additional Treasury security purchases by the Fed, which would increase demand for mortgage-backed securities (MBS). As a result, Austin mortgage rates declined to a new record low.
Tactical bias is to be flat going into tomorrow’s employment numbers, which is a good thing, especially given the fact that we are at historic low yields and Austin mortgage rates
Tactical bias is to be flat going into tomorrow’s number. That’s always a good thing, especially given the fact that we are at historic low yields and Austin mortgage rates.
Tomorrow will be “square up day” where trading is typically quiet before a big release like Friday’s Employment Report
Keep in mind that tomorrow will be “square up day” where trading is typically quiet before a big release like Friday’s Employment Report. More on that tomorrow.
Given the “juice” provided by QE2 (rumor or real), we may be set up for a blow off top and hard reversal
Given the “juice” provided by QE2 (rumor or real), we may be set up for a blow off top and hard reversal