Michigan Mortgage News

The Federal Reserve's preferred inflation indicator -- the Personal Consumption Expenditures (PCE) Index -- released under delayed conditions, but it was within expectations. Next week will be another Federal Reserve Rate Decision, and it is expected that the Federal Reserve will reduce rates at least one more time. The optimism among the broader market has been showing that multiple sectors that seem unphased by the administrative decisions and current political climate.

Divorce or separation is a challenging time, and amidst the emotional and logistical complexities, handling mortgage issues can add another layer of stress.

In times of financial hardship, such as job loss, medical emergencies, or economic downturns, homeowners may find it challenging to keep up with their mortgage payments. When facing such difficulties, understanding options like mortgage forbearance and loan modification can be crucial for maintaining stability and avoiding foreclosure.