Welcome to The Real Estate Investment Club of Austin (REICAUSTIN) a major resource center for facilitating real estate related activities regarding the buying and selling of residential and commercial properties.

Attention Homeowners: Experiencing any of the following issues?
- Death in the family (Non-use of an inherited property?)
- Health issues (Overwhelming medical bills?)
- Divorce
- Disaster (Fire damage, Bankruptcy, unpaid insurance claims, lawsuits, etc)
- Pending foreclosure We can help!

Come to our monthly meeting or contact us, see how we can help resolve your conflicts.

News You Can use

28 August 2010
Are your new car tires not so new?
If you have not seen this ABC report early in the month of August 2010 then you need to see this report about tires that you do not know. My daughter recently had the tread come off one of her tires and this was the reason. Please go to http://bit.ly/tDLx and see this report. How you can tell if you have a problem will be near the end of the report.



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Mortgage Analysis for the week ending 28 August 2010

For Historical Mortgage Data from Inside Mortgage Finance go to

http://www.imfpubs.com/data/


Freddie Mac Weekly Primary Mortgage Rate Last update 8/26/2010

 

National Mortgage
Rates Average
Rate Points Change
30 Yr FRM 4.36% 0.7   - 0.06%
15 Yr FRM 3.86%  0.6 - 0.04%
1 Yr ARM  3.52%  0.7 - 0.01%
5/1 Yr ARM  3.56% 0.6  0.00%



 










National Fixed Rate Mortgage figures go to

http://www.erate.com/mortgage_rates_search.htm


Best Rates update 8/27/2010

Best Rates Yesterday Today
30 Yr FRM 4.34% 4.39%
15 Yr FRM 3.75% 3.78%
FHA 30 Yr Fixed 4.41% 4.46%
Jumbo 30 Yr Fixed 5.56% 5.59%
5/1 Yr ARM 3.48% 3.53%