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Mortgage rates slip to 2025 low Mortgage interest rates in the United States fell for a fourth straight week, hitting the lowest point for this year. The average for 30-year loans was 6.87%, down from 6.89% last week, Freddie Mac said in a statement. A year ago at this time, the 30-year fixed-rate mortgage averaged…
Detroit federal building could be targeted for sale under Musk’s DOGE plans A Trump administration effort to reduce government spending may result in federally-owned property in Detroit and elsewhere being sold off. The Patrick V. McNamara Federal Building at 477 Michigan Ave. is among those General Services Administration, or GSA, owned buildings that are deemed…
Two Amazon Fresh stores to open this fall, documents say Interior buildout of a pair of Amazon Fresh grocery stores is expected to begin soon, according to bid documents obtained by Crain’s. The documents, which are invitations to subcontractors to bid on the work, say the long-dormant stores in Troy and Shelby Township are anticipated…
Oakland County starts talks with new developer for downtown Pontiac project Oakland County and a team of prominent real estate names were unable to reach an agreement on the county’s large downtown Pontiac satellite campus proposal that’s expected to result in some 500-600 workers there. Thus, because a deal with a team spearheaded by Birmingham-based developer and…
Owning a home is a keystone of wealth… both financial affluence and emotional security.