Hot Housing Market Tips

Hot Housing Market Tips for Homebuyers   Recently, I was interviewed  about Austin’s hot housing market by Sarah Wheeler, Editor in Chief of Housing Wire. We talked specifically about what homebuyers need to know in a like we see in Austin and surrounding areas. Here are some tips from that interview.   Prepare your finances. A hot housing […]

Austin Holiday Events 2020

Austin Holiday Events 2020 Style: In-Person and Virtual There is no shortage of Austin Holiday Events. This time of the year is always a favorite because Austin really loves a good celebration. However, we are aware things will look a little differently as we work as a community to maintain our health and safety for […]

In the News | The Wall Street Journal

Discount Points on Jumbo Mortgages are Hot Again. Here’s Why. This month, The Wall Street Journal published an article discussing the discount points on jumbo mortgages during the COVID-19 pandemic. As you may know, a jumbo mortgage is a loan designed to finance high-value properties that exceed the maximum conforming loan limit set by the […]

Adverse Market Fee FAQ

Adverse Market Fee – A Surprising GSE Directive It was a typical Wednesday after dinner two weeks ago when I got a notice about the unexpected news: Government sponsored enterprises (GSE), Fannie Mae and Freddie Mac announced a directive known as the Adverse Market Fee. This directive will impose a 0.50% fee on all refinances. […]

30 Year Fixed Rate at Historical Lows

Historically Low Interest Rates Now Is a Good Time for House Hunting House hunting these days? You will be happy to know that 30-year fixed rate at one of lowest historical levels. The key driver is a healthy economy with low unemployment, stable growth with low risk of inflation. Consequently, homebuyers will have access to […]

The Federal Reserve and Interest Rates

The Federal Reserve Announces Rate Decrease In late July, the Federal Reserve announced a rate decrease. Many customers wanted to know how that affected their mortgage interest rates. What is “The Federal Reserve”? Not the exact definition: The Federal Reserve is our central bank. As a matter of fact, there are several Federal Reserve banks, […]

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