Mike Dutra Mortgage Blog

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Mortgage and Lending - Shamrock Financial Corporation
RECENT BLOG POSTS
    Keeping you updated on the market! For the week of June 25, 2012     MARKET RECAP No one number can explain a market. We mention that because the headline number on housing starts points to lower new home sales. The headline number says that housing starts declined 4.8 percent in May after ri...
06/25/2012
    Keeping you updated on the market! For the week of June 4, 2012     MARKET RECAP The data flow usually slows to a trickle during a holiday-shortened work week. That was case this past week, thanks to the extended Memorial Day weekend. That said, the flow didn't completely dry up; there were s...
06/03/2012
    Keeping you updated on the market! For the week of May 28, 2012     MARKET RECAP As each week passes, the data on housing becomes more encouraging. This past week's data added to the good feelings. Existing homes sales continue to post monthly gains, rising 3.4 percent in April to an annualiz...
05/28/2012
    Keeping you updated on the market! For the week of May 21, 2012     MARKET RECAP We're at a point in the housing recovery where few people doubt we are actually in the midst of a recovery. Since the beginning of the year, we've been reporting news and data that have generally trended more pos...
05/20/2012
    Keeping you updated on the market! For the week of May 14, 2012     MARKET RECAP Nineteenth-century Scottish writer Thomas Carlyle is best known for coining the brickbat “the dismal science” when writing about economics. To be sure, economics can be dismal when it's perverted by agenda or pre...
05/13/2012
    Keeping you updated on the market! For the week of May 7, 2012     MARKET RECAP Once again we are compelled to lead with home prices. That's actually a good thing, because home prices are increasingly on the rise and increasingly portend higher prices. The latest pricing data, from Trulia, sh...
05/06/2012
    Keeping you updated on the market! For the week of April 23, 2012     MARKET RECAP All good things really do end, and that includes optimism. Home builder sentiment had been improving measurably for the past seven months, until this month when the NAHB/Wells Fargo Housing Market Index fell th...
04/21/2012
    Keeping you updated on the market! For the week of April 16, 2012     MARKET RECAP The shift from winter tranquility to spring volatility is readily apparent in the mortgage markets. Fed Chairman Bernanke has noted that there are still considerable challenges which face the economy and that t...
04/15/2012
    Keeping you updated on the market! For the week of April 9, 2012     MARKET RECAP Just as anticipated, mortgage rates have settled back a bit after its recent upward movement of fifteen basis points over the last two weeks. Widespread upward economic movement fostered the rise, but a more rea...
04/07/2012
    Keeping you updated on the market! For the week of April 2, 2012     MARKET RECAP One week's worth of data does not a trend make. We say that because of renewed concern the housing rally is set to peter out because of a burst of sub-par news. The news on lower existing and new home sales was ...
03/31/2012
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