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Market News and Trends

More about mortgage-backed securities

I have written about this for months, but this short article from RISMedia is an interesting perspective:

Mortgage Backed Securities and the Real Estate Market: Where Do We Go From Here?

I have seen other credible forecasts that when the Fed withdraws support, mortgage rates could increase 1%  to 2% about current rates.  These “power brokers” are more optimistic, and generally see the market stabilizing. 

Even if rates do go “all the way” to 6.5% or 7%, though, that is still very attractive historically, and I am confident that we’ll be just fine.  As I have written extensively, I am also optimistic — particularly about the coming 12 to 18 months in Central Texas real estate.

About Bill Morris, Realtor

More than thirty years of business experience (high tech, client service, business organization and start-up, including many years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs: -- Seller Representation is a comprehensive process that begins with thorough market analysis and consultation, continues with properly staging the home to achieve the highest price possible in a reasonable time on market, a complete program of marketing and promotion, ongoing updates and communication, closing coordination, and follow-up throughout (and after) the sale. -- Buyer Representation is also full service: shopping, previewing, price and market consultation, contracting, negotiating, coordination of inspections, appraisals, repairs, and closing details, and follow-up beyond the closing of your purchase to ensure your lasting satisfaction. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That's why I constantly research the market and property values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.


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