Don Grimes's (grimesd) Blog
Mortgage Blog
ARCHIVED BLOG POSTS
2010
Mortgage markets worsened last week for the first time in 6 weeks last week. Investors were pleased with corporate earnings reports and the European bank stress tests results. Stocks gained on the news, and bonds lost. Mortgage rates rose last week, but only slightly. Rate are still hovering nea...
07/26/2010
Mortgage markets improved for the 5th straight week last week as consumer confidence waned and inflation data tamed. Investors ignored the news that 19 of 23 reporting S&P 500 companies beat their respective earnings estimates and sold off on stocks. There's concern about a potential economic slo...
07/19/2010
Mortgage markets improved again last week - if only barely - throughout a holiday-shortened week devoid of "major" data and market conviction. Up-and-down trading characterized the week which ended with Michigan mortgage rates slightly lower versus the week prior. Mortgage rates have fallen in 4 ...
07/12/2010
Rainmaker
112,059
112,059
Don Grimes
NMLS ID #130686
Service Areas
Mortgage Tools and Usefull Information