Don Grimes's (grimesd) Blog
Mortgage Blog
ARCHIVED BLOG POSTS
2011
Mortgage markets worsened last week as the Greek sovereign debt situation came closer to final resolution, and as the U.S. housing market showed signs of life. After many weeks, European leaders agreed on a financial package for Greece that featured favorable loan terms designed to slow Eurozone...
07/25/2011
Mortgage markets worsened last week as concerns for the global economy drove new rounds of "safe haven" buying. Fear continues to dominate mortgage bond market movement and Michigan rate shoppers are benefiting. Conforming and FHA mortgage rates fell for the second straight week last week, and c...
07/18/2011
Mortgage markets improved in roller coaster-like trading last week. And, not surprisingly, the week's two big stories were the same two stories roiling mortgage markets since March - Greece and Jobs. In both instances, rate shoppers won. Conforming mortgage rates in Michigan improved for the firs...
07/11/2011
Mortgage markets worsened last week as Wall Street's renewed optimism pushed equities to their best one-week gain in 2 years. The change in sentiment was bad news for rate shoppers, however, as investors pored into stocks at the expense of bonds. Last week, for the first time since February, mo...
07/05/2011
Rainmaker
112,059
112,059
Don Grimes
NMLS ID #130686
Service Areas
Mortgage Tools and Usefull Information