Monthly Archives: February 2011

FHA Mortgage Insurance to Increase

Homebuyers using an FHA mortgage product to purchase a home after April 18, 2011 will be subject to higher monthly Mortgage Insurance premiums mandated directly by the FHA.  The up-front Mortgage Insurance premium will remain the same. All loan applications that … Continue reading

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Four Things To Do In Austin This Week

This feature highlights four events or activities in Austin and the surrounding area every week. If you have suggestions for events to be mentioned, please email them to info@missionmortgage.com. 1. Arthouse is featuring a new exhibit that recreates the Astoria … Continue reading

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New Media Coverage of Mark Sprague

Mark Sprague has been featured in a couple of articles in recent publications. In both instances, the stories were covering economic updates that Mark had provided. The Highlander Features Mark Sprague in a Front Page Article The Highlander, a newspaper … Continue reading

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Live Oak Brewing Company Tours – An Austin Gem

This is number 12 in our ongoing recommendations for our “Austin Gems” category  (see the side bar on the right for a link to past posts). Our goal is to seek out lesser-known activities and events in Austin that are suitable for … Continue reading

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The Brackenridge Tract and Lions Municipal Golf Course

Last Friday, the University of Texas Board of Regents voted to allow the lease for land currently occupied by the Lions Municipal Golf Course to expire in May 2019.  Currently, the City of Austin leases the land from the University … Continue reading

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Four Things To Do In Austin This Week

This feature highlights four events or activities in Austin and the surrounding area every week. If you have suggestions for events to be mentioned, please email them to info@missionmortgage.com. 1. The People’s Gallery 2011 opens Friday with a reception from … Continue reading

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Homeownership Declines – Renters Increase

The challenges in the housing market have created a noticeable shift in homeownership patterns.  In 2010, 66.5% of U.S. Households owned their homes, which is down from 67.2% in 2009.  At the end of 2005, the rate of homeownership was 69%.  Amy … Continue reading

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Mission Mortgage and Habitat for Humanity

Once again, Mission Mortgage and Habitat for Humanity are teaming up to present a special class for first-time homebuyers.  This Saturday, February 19, we will host the class in our corporate offices from 9 am – 5 pm.  We are … Continue reading

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Best Selling Condos in 2010? You’ll be surprised…

When you think condos, you think downtown.  At least that’s how it’s been recently for the people of Austin.  But, the best selling condo project in 2010 was Montevista Condominiums, located near the Pennybacker Bridge at Hwy 360 and Courtyard Drive in … Continue reading

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More Homes Bought By Cash Buyers

Cash buyers are stepping into the housing market with increasing frequency. With home prices down nationally and opportunities to find great deals in just about any market, those who are able to pay cash are snatching up more and more … Continue reading

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