Category: Uncategorized
Mortgage Market Recap for the week ending Friday June 8th, 2012
Following a large improvement in mortgage rates and a large decline in stocks last week, investors partially reversed direction this week. The European Central Bank (ECB) and the Fed were the main focus, providing a degree of comfort, and investors were a little more willing to take on risky assets. This was negative for bonds, […]
Mortgage Market Recap for the week ending Friday May 18th, 2012
Once again, the primary influence on mortgage rates was the uncertainty in Europe. Mixed economic data released this week was roughly neutral. Investors seeking relatively safer assets pushed stocks lower and mortgage rates to record low levels. In Europe, the focus was primarily on Greece this week. Greek political leaders remained very divided and were […]
Michigan Mortgages – Is It Cheaper To Rent or Buy a Home?
Home prices have taken a serious beating in the last few years and the demand for rental units continues to climb. In fact, the demand for rentals has increased so much that in most of the major U.S. cities it’s actually cheaper to buy a two-bedroom home than to rent one. According to real estate […]