Austin Texas Mortgage Blog

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Mortgage and Lending - United Lending
Thanks for visiting my blog! I'm an economic & political junkie and a Mortgage Advisor in Austin, TX, so I like to write about how these two arenas interplay. I love Austin, so you'll also read local area statistics and happenings. In an effort to keep it light-hearted during our turbulent times, perhaps some inspiring stories & funny stuff about the family :)
RECENT BLOG POSTS
The $8,000 first time homebuyer tax credit has been a big help to homebuyers this year.  Although I don't recommend buying a home because of the tax credit, I think its a good idea to put the gas on your purchase if you've seriously been contemplating a home purchase independent of the tax credit...
08/13/2009
If you're in Real Estate and have a pulse, you've experienced, or at least heard of, the frustrations caused by the HVCC process.  Well, just as you started getting used to dealing with HVCC's inefficiencies, along comes MDIA (Mortgage Disclosure Improvement Act, also referred to as HERA), HVCC's...
08/07/2009
Mortgage Rates Last week started off looking pretty uneventful with a slim economic calendar, but got busier mid-week when some pretty big market moving news was announced. This news caused an improvement in rates early in the week, and a worsening later in the week. So what caused all the volat...
07/13/2009
Last week was a relatively calmer week in terms of volatility in mortgage rates.  This came as a surprise as we expected to see some pretty big swings on Thursday following the Fed's latest Federal Open Market Committee (FOMC) meeting.  Minutes released from the FOMC meeting indicate the Fed dec...
06/29/2009
Volatility continues to be the name of the game when it comes to mortgage rates as they continue their precipitous climb that began roughly three weeks ago.    Mortgage Rates Home loan rates ended last week about .25% worse than where they began.  According to Bankrate.com, average 30-yr fixed c...
06/15/2009
If you haven't noticed, I took a long hiatus from blogging -- BAD BLOGGER!  Ya, I know what you're thinking, "Just another blogger that gets going then fizzles out -- chalk this one up to just another statistic."  Well, sort of, these last two months mortgage rates have consistently averaged in ...
06/08/2009
HUD has succumbed to pressure on its recent ruling against home builders who make incentives contingent upon using their mortgage companies. Last November, it ruled these builder incentives violated RESPA's required use provision.  This provision states affiliated businesses are exempt from the ...
04/02/2009
Last week provided some good news on the economic front, relative to what we've seen lately.  The U.S. Personal Savings Rate came in at 4.2% -- the highest we've seen in decades! This is great news, especially considering we had a negative savings rate not too long ago (see chart). It also looks...
03/30/2009
Washington is doing its very best to give you “warm ‘n fuzzies” when it comes to buying a home right now – from historically low interest rates, to literally giving you money when you buy a home. Has it worked? I think so as there has been a recent uptick in activity. So is it time to jump in and...
03/25/2009
Last week's big news was the rally stocks enjoyed -- the largest in 2009. Wall Street certainly liked hearing Citigroup state it wouldn't need anymore capital injections, and Bernanke stating our recession could be over by end-of-year if the banking system can be stabilized.  He also made it abu...
03/16/2009
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Nicole Lahti

Austin Texas Mortgage
local_phone(512) 592-5468
smartphone(512) 507-8312
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