Michigan Mortgage News

Becoming a parent changes everything, including how you think about homeownership. The priorities that once guided your decisions, like proximity to nightlife, short commutes, or luxury finishes, shift dramatically when you start planning for a growing family. Suddenly, your focus moves from what suits your lifestyle today to what supports your family's future tomorrow.

The government has been facing a shutdown for the past 19 days with continued obstinacy from both parties, largely over healthcare subsidies. As a result, there will be few major reports this week, the most notable being the Federal Reserve's Beige Book, which indicates that the U.S. economy is once again showing signs of slowing.

When preparing to apply for a mortgage, it is important to understand how credit inquiries can impact your chances of approval. Lenders use your credit report to assess risk, and every inquiry can play a role in how they view your financial stability. By knowing the difference between soft and hard inquiries, borrowers can make smarter decisions and protect their credit scores during the home buying process.