Michigan Mortgage News

No deposit mortgage loans can sound appealing to buyers who want to purchase a home without spending years saving for a down payment. While these loans offer clear advantages, they also come with risks and responsibilities that every buyer should consider before moving forward.

The PCE Index reports have come in--albeit delayed--and show inflation numbers that fell within expectations. The data also indicates that inflation has not worsened since before the government shutdown. It is widely believed that the Federal Reserve will likely cut rates once more.

Does your home feel like it's starting to burst at the seams? Many homeowners across the country can relate to this feeling having bought a home only to run out of space due to a growing family or for other reasons. Let's take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you're in need of some extra space.