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‘DFW Market Update’ Category

DFW Mortgage Market Update June 9

Mortgage price charts have seen a good move up since April with a little bit of a “regular roller coaster” which is seasonally normal. We are sitting in the middle of a trading range with a very tight window that combines support with up resistant. Last week the economic reports were soft, but we are seeing incredible job opportunities plus a strong buyers market. Light economic reports...

DFW Mortgage Market Update for June 2

This week we had two events that caused directional movement. First, President Trump bowed out of the Paris Agreement; this may help bonds, which in turn helps lower interest rates. Additionally, the jobs report was not as favorable as expected. While there were gains in new jobs, there were a lot of folks leaving the workforce.

The 200-day moving average can indicate two...

DFW Mortgage Market Update for May 27

We hope you had a great holiday weekend. We appreciate those that have given their lives for our freedom.

DFW jobs are in the top 10% of the country, and our affordability and appreciation rates are in the top third. Now is a perfect place and time to buy or sell.

Appreciate is 6%-8% and it looks to remain that high for the rest of the year. Freddie Mac is stating that...

DFW Mortgage Market Update: Mid-May 2017

This week we had housing news that was not as good as expected. While new housing starts are strong, but the stock market took a dive due to the current political climate. Interest rates improved, but look for next week to make an adjustment.

Since March we have seen a steady climb. If you had were locked in March, you are doing well. You should try to lock in rates now due to...

DFW Mortgage Update – April 29, 2017

Hello, home buyers and happy weekend.

Great things. Stats show great appreciate 8.2% for a metro area. Fantastic place to buy a home. We will continue to see appreciation in this range for the next few years. For instance: $10,000 down on a $200,000 home that $20k on 8% appreciate you will make $16,000

Rates Not only appreciation is up, but inventory is...

DFW Mortgage Market Update: Rates held strong after solid Jobs Report

Hello home buyers and happy weekend.

This is a weekly update to educate you on what is happening in the market, how that affects rates and how that affects you while you’re out shopping for homes.

Dense news week with Ben Bernanke was speaking to Congress and the Federal Reserve meeting. No Fed hike, but looking to may have an increase in June. The jobs report...

DFW Mortgage Update – April 15, 2017

Hello home buyers and happy weekend. Find out if you should lock-in your interest rate today and learn why now may be the perfect time to buy a new home or sell your home if you’re thinking about it.

This past week say 3.5 days of trading, so there wasn’t a ton of activity. But prices did go up, which means mortgage interest rates have gone down. For those folks who were...

DFW Market Update – April 1, 2017

Hello home buyers and happy April Fool’s Day. Today we offer you only truths — no tricks!

This week we talk about what is happening with interest rates and how that impacts how much it costs to borrow money to buy a home.

Over the past few weeks, we’ve seen a lot of ups and downs with interest rates. Now we’re in a sideways trading range — meaning...

DFW Mortgage Update – March 18, 2017

As you shop for a new home, top of mind is how much home can I afford and what is it going to cost me. The interest rate you secure for a home mortgage is impacted by the Bond Market and the Federal Funds Rate.

So how does it work? And what does it mean when interest rates go up?

Mortgage broker Andy Tuttle of The Tuttle Group explains why home interest rates don’t always...

Preparing Your Home for Selling

If you’ve never sold a home before, the entire process can be a bit intimidating. While remaining in the home and maintaining your lifestyle, you have to ready it for prospective home buyers to come by at a moments notice. Below are tips on how to prep, clean, and get it ready for showing.

Preparing for a Home Showing Curb Appeal

It all starts...

Stay In The Know

Stay up to date on what you need to know about market changes and how that impacts a home mortgage.