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A great place to find real estate info and all things Fredericksburg.

By Tony Stevenson/SWBC Mortgage Economic

By Tony Stevenson/SWBC Mortgage
Economic News Week: October 10, 2011
Markets rallied this week amid signs that the European Union was closer to resolving the debt woes of its weakest members, and U.S. economic data lessoned recession fears. The Dow rose 1.7% this past week as it ended at 11103. The indexes did drop on Friday as Fitch Ratings issued ratings cuts for Italy and Spain. The U.S. added 103,000 jobs in September according to the Labor Department on Friday.-the most since July. This beat expectations but the unemployment rate remains at 9.1% from August. “The jobs number was better than expected. It’s better than a poke in the eye. (But) I think that Europe is the thing that matters more,” said Karl Mills, president and chief investment officer at Jurika Mills and Keifer in an article in this past weekend’s Wall Street Journal Report.

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October 10, 2011 Posted by | Fredericksburg TX | Comments Off on By Tony Stevenson/SWBC Mortgage Economic

DON’T DO ANYTHING THAT WILL CAUSE A RED

DON’T DO ANYTHING THAT WILL CAUSE A RED FLAG TO BE RAISED BY THE SCORING SYSTEM-When applying for a loan!
This would include adding new accounts, co-signing on a loan, changing your name or address with the bureaus. The less activity on your reports during the loan process, the better. (courtesy of yourtexascredit.com & Tony Stevenson SWBC)

October 10, 2011 Posted by | Fredericksburg TX | Comments Off on DON’T DO ANYTHING THAT WILL CAUSE A RED