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New Pilot Program Aimed at Expanding Homeownership in Detroit

New Pilot Program Aimed at Expanding Homeownership in Detroit

by Phil Hall | Sep 23, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
Housing Is Not a Game — It’s the American Dream

Housing Is Not a Game — It’s the American Dream

by John G. Stevens | Sep 6, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
California Program to Offer Mortgage Relief to Disaster Victims

California Program to Offer Mortgage Relief to Disaster Victims

by Phil Hall | Jun 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recent fire, floods, and other disasters that occurred between January 2023 and January 2025. The new...
Homeownership Expenses Consume One-Third of National Average Wage

Homeownership Expenses Consume One-Third of National Average Wage

by Phil Hall | Mar 27, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Major expenses on median-priced homes currently consume 32% of the average national wage, according to the First Quarter US Home Affordability Report published by ATTOM. That share is nearly unchanged from the fourth quarter of 2024 and up by about one percentage...
Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

by Phil Hall | Jan 22, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) announced the launch of Rocket.com as a platform designed to help homebuyers with their home search and financing needs. According to the company, Rocket.com will combine home search, financing and servicing needs...
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