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SHORT-TERM TREND (5 days or less). Favors lower note rates and higher prices but starting to show signs of losing strength.
LONG-TERM TREND (6 days or more) Tilted slightly in favor of lower rates and higher prices. |
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Commentary: A stronger-than-expected report on April housing starts did not generate much of a reaction from mortgage investors. Traders also wasted little time shrugging off a stronger-than-forecast rise in April Industrial Production. Modestly improving economic data here in the states continues to take a back-seat to financial drama playing out in Greece and other euro-zone countries.
The Greek political struggles dramatically increase the likelihood the country will go bankrupt before the summer is out. The threat of such an outcome and the impact it could have on other countries in the region continues to fuel the global “flight-to-quality” buying of U.S. dollar denominated assets like Treasury debt obligations and agency eligible mortgage-backed securities – a credit market condition highly supportive of the near-term prospects for steady to perhaps fractionally lower mortgage interest rates. |
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Commentary and Chart Courtesy of Larry Baer and Market Alert
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5414 Windy Lake Dr
Kingwood
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TX 77345
$279,900
Agent: Terri & Bob Blewett 281-812-8253
Keller Williams
Date listed on this site: 5/16/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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1803 Green Oak Dr.
Lewisville
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TX 75067
$121,000
Agent: Sandra Starr 469-387-9797
Keller Williams Realty
Date listed on this site: 5/15/2012
Loan Officer: Dallas Loan Officer (RMLO #304627)
View Web Site View Flyer
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3510 Ave E 1/2
Santa Fe
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TX 77510
$99,900
Agent: Cyndi De Palermo 281-468-6314
Reward Realty
Date listed on this site: 5/13/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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5010 Highway 3
Dickinson
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TX 77539
$360,000
Agent: Cyndi De Palermo 281-468-6314
Reward Realty
Date listed on this site: 5/13/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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5619 Chisholm Trail
Dickinson
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TX 77539
$99,900
Agent: Cyndi De Palermo 281-468-6314
Reward Realty
Date listed on this site: 5/11/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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1403 19th Ave
Texas City
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TX 77590
$375,000
Agent: Cyndi De Palermo 281-468-6314
Reward Realty
Date listed on this site: 5/3/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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1176 Breezewood
Lewisville
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TX 75077
$199,900
Agent: Julia Turco 972-965-6045
Floyd Realty Group
Date listed on this site: 5/3/2012
Loan Officer: Dallas Loan Officer (RMLO #304627)
View Web Site View Flyer
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744C Country Place Dr
Houston
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TX 77079
$109,000
Agent: Kathy and Mark Emery 281-464-6966
Executive Real Estate Services
Date listed on this site: 5/2/2012
Loan Officer: Jim Norris (RMLO #304627)
View Web Site View Flyer
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| Title
& Date |
Announcement |
The BBB awarded Sweetwater the Gold Star Award for 2012!
4/11/2012 |
The BBB awarded Sweetwater the Gold Star Award for the 5th time in 6 years. The Gold Star is awarded to companies who have shown
outstanding customer service for three consecutive years. |
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