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DFW Mortgage Market Update August 25th

This week we saw Trump discuss the NAFTA trade agreement and the Jackson Hole Symposium. We are at a 5.8 month supply nationally. In DFW we see a 1.2 month supply. As we head out of summer, we saw the home price index had appreciated 6.5% over the year.

The Jackson Hole Symposium did not discuss any details of the unwinding of the quantitative easing. The news about the NAFTA trade agreement affected bonds. Next week is looking for new about jobs. Now is a good time to move forward with your home buying goals.

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