Area property values have dropped 6.5 percent this year, according to a new report by the Southeast Michigan Council of Governments.
The state of Michigan says it has shut down what’s believed to be a phony mortgage company seeking to scam people out of money and personal information.
A distinguished panel of experts are gathering in Metro Detroit on Saturday for a free public town hall meeting to help those who are facing foreclosure.
President Barack Obama will announce new rules on Monday to help homeowners with little or no equity in their homes refinance their mortgages to avoid foreclosures.
A 101-year-old woman who was evicted from her longtime Detroit home after her 65-year-old son failed to pay the mortgage is getting it back, the U.S. Department of Housing and Urban Development said.
A 101-year-old woman has been evicted from the southwest Detroit home where she lived nearly six decades after her 65-year-old son failed to pay taxes on the home.
The sputtering economy is keeping mortgage rates low, with some fixed rates now hovering near four percent.
Foreclosure activity in the state and Metro Detroit defied the national trend in May, with the state posting a 12.5 percent increase from April, while the national rate of troubled homeowners dropped 2 percent.
People Before Banks Coalition is hosting a free legal clinic Saturday in Dearborn for those facing the prospect of losing their homes.
The experts answer your most pressing questions about current home ownership, buying and selling in today’s market, and more!