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Michigan Credit Union Offers Mortgages at 4.99% Rate

Michigan Credit Union Offers Mortgages at 4.99% Rate

by Phil Hall | Sep 11, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Michigan credit union is seeking to attract new home loan borrowers by offering 30-year fixed-rate mortgages at a 4.99% rate. The Detroit Free Press reports Michigan Legacy Credit Union — which has branches in Wyandotte, Warren, Pontiac, Highland Township and Flat...
Freddie Mac: Another Mortgage Rate Uptick

Freddie Mac: Another Mortgage Rate Uptick

by Phil Hall | May 18, 2023 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey, and it is not welcome news for those hoping to see mortgage rates decline. The 30-year fixed-rate mortgage averaged 6.39% of May 18, up from last week when it averaged 6.35%. A year...
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