Blog
Mortgage interest rates dip, keeping 30-year loans below 7% Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last week, Freddie Mac said in a statement. House hunters have gotten a smidge of relief after borrowing costs topped 7% earlier this month. Stability…
Parking deck pitched for new Detroit City FC soccer stadium A new parking deck with close to 700 spaces is planned as part of Detroit City FC’s proposal for a new soccer stadium in southwest Detroit. That detail is spelled out, along with others, in a site plan obtained through a public records request. In…
Warren resurrects plans to develop a downtown A vision to create a downtown in Warren is being resurrected after it was shelved in 2022 after division arose between local officials. City leaders are breathing life into former plans for an expanse of 30 acres of empty land that separates a cluster of Warren’s city government…
Large downtown Detroit office complex heads to auction March is going to be a busy month for prominent downtown Detroit real estate. On the same day the 600 Tower of the Renaissance Center goes to an online auction, a long-struggling office complex straddling downtown and Corktown will get the same treatment after a sale fell through….
Owning a home is a keystone of wealth… both financial affluence and emotional security.