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greece riots

A tug of war for Austin mortgage interest rates seems in the cards

Austin mortgage rates and pricing can go one way or the other in short order but most likely hold steady at current levels. Best to stay on defense as stocks certainly look better, Europe looks better, and the Federal Reserve Chairman hints of Fed Funds rate hikes sooner than later. Personally, we like the chart (better chance of lower Austin mortgage rates/better pricing) but the fundamentals (economic data) points to a steady recovery. A tug of war for Austin mortgage interest rates seems in the cards.

Greece is the word

When something happens to change the dynamics of the Euro fiasco, we will see a reversal of fortune in mortgage pricing. The economic fundaments of our country just don’t support lower Austin mortgage rates.