Sweetwater Mortgage Company and Texas Homeplace Mortgage Company
Experienced Strong Trustworthy

NMLS ID#225711     
Complimentary Websites
Listing Agents
Sign Up to Make or Receive Websites and Open House Flyers for Your Listings

Sweetwater Mortgage BBB Business Review

Reviews on LendingTree

Disclosures Sweetwater Mortgage Company

LendingTree Loans
Weekly Rate Sheet and Market Watch
Real Estate Agents
Sign Up to Receive Weekly Rate Sheet and Market Watch
Customer Tools
Free Pre-Approval
The Real Estate Page
Loan Status
Loan Application
Texas Homeplace

Loan Officers Mission Statement
Privacy Policy
Daily Market Watch for Thursday, July 19, 2018 (Courtesy of Larry Baer and Market Alert )
Short Term Trend (5 days or less): Favors steady rates and slightly lower prices.
Long Term Trend (6 days or more): Favors steady to slightly higher prices and steady rates.

It is a quiet day in the mortgage market.

News from the Labor Department showing the number of Americans standing in line to file first-time claims for government jobless benefits fell by 8,000 to 207,000 – its lowest level since 1969. The data caused a little sag in the price of mortgage-backed securities early in the morning before buyers showed up and pushed it back a touch higher.

The tug-of-war between buyers and sellers in the credit market continues with neither party finding a meaningful advantage over the other. The result is that note rates on 30-year conforming mortgages have bounced around in a four (4) basis point range for the past 17 business days.

There is historical precedent that suggests tugs-of-war like we are now experiencing tend to end in dramatic fashion with the onset of a significant trend change in the direction of the winner.

The competition is heating up every day, and the contest is still very much undecided -- but all it takes is one economic headline or one event to provide one or the other camp of investors with a deciding advantage over the other.

The moral of the story is -- don’t get complacent. While it is certainly nice to have limited market volatility like we are now experiencing – it is not typically the norm.
Rates Last Updated 7/20/18, 9:38 AM CST 
 Crdt. Score 
 Dbt. Ratio 
  *Rates and terms are subject to change at any time and certain variations, restrictions, or improvements may apply based on creditworthiness, loan amount, property type, etc. APR's do not include mortgage insurance which may be required for LTVs greater than 80%, or closing costs from undetermined third parties including the title company.
Title & Date Announcement

Contact Information
Houston:Jim Norris (RMLO #304627)
12010 Miramar Shores Dr
Houston, Tx 77065
(281) 970-1082 ext 1
(866) 717-4556 ext 1
Houston:Ellen Roloff Norris (RMLO #304630)
12010 Miramar Shores Dr
Houston, TX 77065
281-970-1082 ext 2
866-717-4556 ext 2
Brenham:Gayle Valentine-Hill (RMLO #298234)
Brenham:Sandra Starnes (RMLO #298126)
  Designed by ChristWebs Mortgage Broker Recovery Fund and Consumer Complaint Notice Copyright 2003 SweetwaterMortgage
All Rights Reserved