The news this week surrounding the tension in North Korea has caused the stock to have some downward turns. The news affects the bond market due to the “flight to quality” to their inherent safety.

The chart shows the bond market rising which help lower mortgage rates. So if you have a contract pending now is the time to lock in that rate. If you are still shopping, we will...

This week we saw the stock market go over 2200, but bonds rallied at the same time. Mortgage rates are better since July, but the jobs report may stall due to a better than expected report. While the jobs report was very positive, this may affect the long term bonds market. We are hoping for a breakout next week, carefully floating position.

This past week was full of news and events, including the Fed meeting, initial job claims, and a stock market rally.

The Fed did not raise the rate and will be stable for now, but we are looking at an increase possibly in September, The GDP was revised lower, we are at a 1.9% growth which is slower than anticipated. The job market continued to be strong, and for a record 125th...

Hot summer with a lot of volatility with bond friendly data. Consumer price index kept inflation in line. But, we had a change that stopped the rally. Early in the week, we had a great rally but we had a “triple tap” in the leading indicators which pushed bond pricing down. The technical influencers that play out as we have a slow news week.

Moving forward we will have to...

Middle of summer and the not is it hot outside but so is the market. Inventory is low with under 500,000 so competitive bids are still aggressive. It is a good time to review the rate you already have locked in.

Bond prices have continued to fall forcing a nominal increase in rates. The news has affected the bond rates including the ADP report was not market friendly. We are...

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...

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...

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...