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Daily Market Watch for Thursday, June 22, 2017 (Courtesy of Larry Baer and Market Alert )
Short Term Trend (5 days or less): Favors steady rates and slightly lower prices – but just barely.
Long Term Trend (6 days or more): Favors steady rates and slightly lower prices – but just barely.
                      30 Year Fixed (National Average)
15-Minute Daily Chart of the Fannie Mae 5.0% - 30 Year from mktalert.net

 

Dow Jones Industrial Average Last 5 Days          



 
Commentary:

The number of Americans standing in line to file first-time claims for government jobless benefits rose 3,000 to 241,000 during the week ending June 17th. The increase matched economists’ consensus estimate – mortgage investors yawned.


Mortgage interest rates are struggling to gain traction toward lower levels. The traditional slowdown in front of the extended July 4th holiday and stumbling efforts by Congress to craft a debt-ceiling agreement before their month-long adjournment begins July 31st leaves a significant number of credit market participants hugging the safety of the sideline.

The good news here is that rates will not likely soar unexpectedly to significant new highs. The bad news is the brewing dark clouds of a potential debt default orchestrated by political brinkmanship will likely limit any near-term opportunity for rates to move noticeably lower from current levels.
 
Commentary and Chart Courtesy of Larry Baer and Market Alert

Recent Additions to The Sweetwater Real Estate Page View The Sweetwater Real Estate Page
3219 Oak Park Ln
Missouri City , TX   77459
$334,900
Agent: Linda Holder     281-437-3490
Linda Holder Properties
Date listed on this site: 5/30/2017

Loan Officer: Jim Norris (RMLO #304627)

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3219 Oak Park Ln Missouri City TX 77459
 
1902 Oakhurst Pkwy
Sugar Land , TX   77479
$429,500
Agent: Linda Holder     281-437-3490
Linda Holder Properties
Date listed on this site: 5/30/2017

Loan Officer: Jim Norris (RMLO #304627)

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1902 Oakhurst Pkwy Sugar Land TX 77479
 
19207 Dawntreader Dr.
Cypress , TX   77429
$229,900
Agent: Sheila Joplin     (281)236-4555
Better Homes and Gardens Real Estate Gary Greene
Date listed on this site: 5/27/2017

Loan Officer: Jim Norris (RMLO #304627)

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19207 Dawntreader Dr. Cypress TX 77429
 
15330 Misty Dawn Trl
Cypress , TX   77433
$203,000
Agent: Lisa Ross Smith     713-291-8298
Monarch Real Estate Group
Date listed on this site: 5/2/2017

Loan Officer: Jim Norris (RMLO #304627)

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15330 Misty Dawn Trl Cypress TX 77433
 
6831 Travis Street
Manvel , TX   77578
$359,900
Agent: Aixa Shelton     832-449-0039
Stefanie Shelton Properties, Inc
Date listed on this site: 4/7/2017

Loan Officer: Ellen Roloff Norris (RMLO #304630)

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6831 Travis Street Manvel TX 77578
 
 
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MANAGEMENT  

Jim Norris - President (RMLO #304627)
12010 Miramar Shores Dr.
Houston, TX 77065
(281) 970-1082 ext 1
(866) 717-4556 ext 1 Toll Free

jim@sweetwatermortgage.com 

Elle Roloff Norris - Operations Manager (RMLO #304630)
12010 Miramar Shores Dr.
Houston, TX 77065
(281) 970-1082 ext 2
(866) 717-4556 ext 2 Toll Free
elle@sweetwatermortgage.com

 

LOAN OFFICERS

Brenham:Gayle Valentine-Hill (RMLO #298234)
119 W Commerce St
Brenham, TX 77833
979-353-4234


Email:gayle@texashomeplacemortgage.com
Brenham:Sandra Starnes (RMLO #298126)
119 W Commerce Street
Brenham, TX 77833
979-353-4234
979-251-0726

Email:sandra@texashomeplacemortgage.com
Houston:Jim Norris (RMLO #304627)
12010 Miramar Shores Dr
Houston, Tx 77065
(281) 970-1082 ext 1
(866) 717-4556 ext 1
Email:jim@sweetwatermortgage.com
Houston:Ellen Roloff Norris (RMLO #304630)
12010 Miramar Shores Dr
Houston, TX 77065
281-970-1082 ext 2
866-717-4556 ext 2
Email:elle@sweetwatermortgage.com

 

 
 
  
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