Don Grimes's (grimesd) Blog
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2011
What's Ahead For Mortgage Rates This Week : May 31, 2011 Mortgage markets improved last week ahead of Memorial Day and a 3-day weekend. Bond pricing ending the week higher, pushing conforming mortgage rates in Michigan down for the 5th week out of six. Most economic news reported worse-than-expec...
05/31/2011
Mortgage markets were unchanged last week, despite improving on four of five days. Economic data was worse-than-expected almost across the board, but neither FHA nor conforming mortgage rates in Michigan budged. Instead, markets grappled with the just-released Fed Minutes which weighed heavily o...
05/23/2011
What's Ahead For Mortgage Rates This Week : May 16, 2011 Mortgage markets worsened overall last week for the first time in 5 weeks. Better-than-anticipated economic data plus dwindling concerns for Greece's sovereign debt combined to a spark a bond sell-off. Conforming mortgage rates moved highe...
05/16/2011
What's Ahead For Mortgage Rates This Week : May 2, 2011 Mortgage markets improved last week overall. Bigger concerns for Eurozone debt combined with lesser concerns for domestic inflation to push U.S. mortgage rates lower. Last week marked the 3rd consecutive week through which conforming mortga...
05/02/2011
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