Market Review ►A LOOK BACK – Last week the Treasury auctions of a record $104 billion received solid demand from both domestic and foreign investors which was surprisingly good news. The FOMC met and left the benchmark fed funds rate unchanged at zero percent and said that conditions warrant exceptionally low rates for months [...]
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Filed under: Economy/Market, Lenders
Pride pours out of the residents living in West Memorial; a community within the Katy real estate market. Many residents show their pride by identifying themselves as West Memorial residents with bumper stickers. And it’s easy to see why so many residents love to come home to West Memorial each day. West Memorial homes in [...]
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Filed under: Houston Area Real Estate, Katy Info, Katy Real Estate
Market Review ►A LOOK BACK – Last week the May Producer Price Index and Consumer Price Index reported mortgage market friendly information showing that inflation pressures at the lowest since 1950. The Treasury Dept. announced the sale of $40 billion of 2-year notes (Tues.), $37 billion of 5-year notes (Wed.) and $27 billion of [...]
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Filed under: Economy/Market, Katy Family Homes, Lenders
