Don Grimes's (grimesd) Blog
Mortgage Blog
ARCHIVED BLOG POSTS
2012
Mortgage markets ended the week slightly better last week. Wall Street took its cues from U.S. economic data, from developments in Europe, and from the Federal Reserve, moving mortgage rates lower in Michigan and nationwide. Pricing for both conforming and FHA mortgage rates improved between Mond...
10/28/2012
Mortgage markets worsened last week as hope for a European economic rebound and stronger-than-expected U.S. economic data moved investors out of mortgage-backed bonds. Mortgage rates all of types — conventional, FHA and VA — lost ground last week, harming home affordability in East Lansing and re...
10/21/2012
Mortgage markets worsened last week for the first time in a month as the U.S. economy showed signs of improvement, and the Eurozone stepped closer to launching its $500 billion euro rescue fund. Conforming mortgage rates in Michigan rose last week on the whole — even though Freddie Mac’s Primary ...
10/08/2012
Mortgage rates dropped to another all-time low last week as concerns for global economic growth helped U.S. home buyers and refinancing households nationwide. U.S. mortgage rates responded to non-U.S. events and, for rate shoppers and home buyers in East Lansing , home affordability improved. Ear...
09/30/2012
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