Bill Rapp
"An equal housing opportunity lender.”
Sun Realty
820 W 17th St
Houston, TX
Phone: 281-222-0433
Fax: 844-309-8664
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Houston Real Estate Blog: Real Estate Broker

10/08/2018 Weekly Market Update

Since it raises the outlook for future inflation, the stronger than expected economic data released this week was bad news for mortgage rates, and rates reached their highest levels in many years. The biggest surprise in the data released this week came ... Read more

10/1/2018 – Capital Markets Update

The big news over the last 72 hours is the US-Canadian trade agreement (reached late Sunday night) that will preserve the trilateral NAFTA pact (although NAFTA will be renamed). Rates were unchanged Friday with market news centering around President Trump... Read more

09/28/2018 Weekly Market Update Fed Raises Short-Term Rates

The two biggest economic events this week, Wednesday's Fed meeting and Friday's inflation data, both were favorable for mortgage rates overall, and rates ended slightly lower. As widely expected, the Fed raised the federal funds rate, the overni... Read more

09/26/2018 – Cost Burden Rate Decreasing in Houston

A new study by Apartment List took a look at the rate of cost-burdened renters in the US. The economy has experienced nearly a decade of expansion, but the gains of recent years have not been evenly distributed across the country’s population. Virtu... Read more

09/21/2018 Weekly Market Update - Multi-Year Highs

A rally in the stock market drew assets away from bonds this week, which was negative for mortgage rates, while the economic data released this week caused little reaction. As a result, mortgage rates rose, reaching the highest levels in several years. ... Read more

09/19/2018 - Rates on the Rise Again

Yes, rates have moved up. Is that a surprise to anyone? Shouldn't be. Were you hoping tariffs hurt our economy and push rates back down? Don't hold your breath. So, what should we know about why rates are doing what they're doing? Any reason ... Read more

09/14/2018 Weekly Market Update

Although this week's major U.S. economic data and European Central Bank meeting contained more good news than bad for mortgage rates overall, rates ended slightly higher. The most recent inflation data came in at lower than expected levels. The Cons... Read more

09/10/2018 – Rental Payment Shock & Housing Affordability

In a new study, Apartment List analyzed the age of the rental stock on the market and the effect it has on affordability. In recent years, housing affordability has emerged as a key issue which increasingly affects not just low-income households, but also... Read more

09/07/2018 Weekly Market Update

Wage Growth Accelerates This week's economic data was the main influence on mortgage rates, and stronger than expected reports on wages, manufacturing and services caused mortgage rates to move higher. Pricing is an -.125 to -.250 worse since last ... Read more

08/31/2018 Weekly Market Update

Trade Negotiations While there was some major economic data released this week, there were no significant surprises, and its impact on mortgage rates was minor. By contrast, news on trade deals caused a negative reaction, and mortgage rates ended a littl... Read more
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