Don Grimes's (grimesd) Blog
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2010
Mortgage markets improved last week overall, but barely. After making a sizable move lower through Monday, Tuesday and Wednesday, mortgage pricing jumped Thursday and Friday. Nearly all of the early-week gains were erased. Conforming mortgage rates in Michigan ended the week slightly improved. Th...
10/25/2010
Mortgage markets worsened last week in back-and-forth trading, pushing conforming mortgage rates higher on the week. Despite the uptick, however, Freddie Mac reports that rates in Michigan still managed to make new, all-time lows for the third week in a row. The benchmark 30-year fixed rate mortg...
10/18/2010
For the third straight week, mortgage markets showed little conviction in the face of contrasting data. Mortgage bonds ended the week slightly better, but mortgage rates did not. Conforming mortgage rates in Michigan were up-and-down all week before ending the week with a slight worsening. The in...
10/04/2010
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