Austin Refinance Rates: Calm Sea More Waves Ahead Right now the mortgage market is calm as the sea on a sunny day. The rates have been stabilizing for the good or the bad. Violent waves could happen this week that might knock a boat or two off water which would make the rates jittery again.

Texas Mortgage Refinance: Texas mortgage rates fall back below 5% Long-term mortgage rates eased a bit this week on mixed news about the economy. Average 30-year fixed-rate mortgages fell to 4.95% this week, down from 5% last week. Average 15-year fixed rate fell to 4.22%,   down from 4.27% in the same period, according to Bankrate.com. [...]

Austin Refinance Rates: Mortgage Rates “Flight To Safety” Investors are taking precautionary measures and are taking “flight to safety” measures allocating their assets to the bond market. This drove the mortgage rates down a bit today.  Treasury yields fell and mortgage-backed security prices rose as a result. Libya’s crisis and the huge oil price rise had [...]

Austin Refinance Rates: Mortgage Rates “Flight To Safety” Investors are taking precautionary measures and are taking “flight to safety” measures allocating their assets to the bond market. This drove the mortgage rates down a bit today.  Treasury yields fell and mortgage-backed security prices rose as a result. Libya’s crisis and the huge oil price rise had [...]