mortgage

Home mortgage rates are up in Detroit — but Black people are still being denied for mortgages at higher rates than white people, according to a new report from the nonprofit Detroit Future City.

The report finds mortgage, refinancing and home equity loans in the final three months of last year were down 13% from the fourth quarter of 2020.

There's a dramatic rise in foreclosure filings in Michigan, according to new data. But housing-industry experts are downplaying the increase.

For the past decade, it’s been almost impossible for aspiring Detroit homebuyers to get mortgages.But that appears to be changing. The city notched a real…

One analyst says Michigan and other parts of the county are turning from seller's to buyer's markets.Daren Blomquist with Attom Data Solutions says…

It’s been half a century since the federal government banned discrimination in the home mortgage industry. But a new analysis of mortgage data shows…

Comerica Bank plans to invest up to $5 million in a Detroit program for home mortgages that seeks to address issues with property appraisals.The money…

A Metro Detroit-based mortgage lender has reached a $48 million settlement with the federal government.Troy-based United Shore Financial Services was…

During the Great Recession, a lot of people ran into financial trouble and lost their homes to foreclosure. Some still are. And in Wayne County, the…

Detroit leaders hope to solve a real estate riddle with some help from banks and non-profits.The Detroit Home Mortgage program is designed to counter…