Don Grimes's (grimesd) Blog
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2011
Mortgage Rates - And Home Affordability - At The Whim Of The Federal Reserve The Federal Open Market Committee starts a two-day meeting today, the third of its 8 scheduled meetings this year. The FOMC is a special, 12-person committee within the Federal Reserve. It's led by Fed Chairman Ben Bern...
04/26/2011
What's Ahead For Mortgage Rates This Week : April 18, 2011 Mortgage markets improved last week, buoyed by two days of out-sized gains. Mortgage rates bounced off their 8-week highs on much weaker-than-expected inflation data, and debt concerns abroad. It's an abrupt change in mortgage rate mome...
04/18/2011
What's Ahead For Mortgage Rates This Week : April 11, 2011 Mortgage markets worsened last week as energy costs remained high, and jobs data looked strong. The safe haven buying that characterized the March mortgage market has subsided. it's driving mortgage rates higher across Michigan. Conformi...
04/11/2011
Military Members : You Have 3 Weeks To Buy A Home, Claim Up To $8,000 In Tax Credits If you're an eligible federal employee or qualified military personnel, you have 3 weeks from this Saturday to use the federal home buyer tax credit, and to claim up to $8,000 in federal income tax credits. Acco...
04/08/2011
What's Ahead For Mortgage Rates This Week : April 4, 2011 In a volatile week of trading, mortgage markets closed unchanged last week. Despite economic data proving stronger-than-expected - a situation that tends to lead mortgage rates higher - concern for persistently high oil prices tempered W...
04/04/2011
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