Scott Setlock News Today

Home sales and title transactions for 2023 are forecasted to continue their downward trend due to higher interest rates.

A local bank committed $250,000 to a program that helps people buy their first home.

(Watch for this story Monday morning on WZZM TV 13) Mortgage lending activity is slowing after nearly two years of “once-in-a-lifetime” rates and subsequent opportunities.

Mercantile Bank of Michigan opened a new full-service mortgage service office with two mortgage lenders and a live ATM banking machine in northern Michigan.

Sentinel Staff HOLLAND — An expanded homeownership program now offered in Michigan to aid homebuyers with their initial down payment is available in Holland. The Michigan State Housing Development Authority (MSHDA) announced in late February the expansion of its homeownership program by offering residents in select ZIP codes up to $10,000 in down payment assistance. The assistance — called a "DPA Loan" — is available to residents in 49010, 49078, 49417, 49423, 49424, 49428 and 49464 ...

Grand Rapids Business Journal Mortgage volume reaches record levels nationally and that trend is reflected locally. iStock Mortgage interest rates have been on a steep decline since the COVID-19 pandemic started, and as a result, there is a surge in mortgage refinancing. “Low interest rates have created the busiest mortgage environment we have seen,” said Matt Muscat, director of marketing at Treadstone Funding, a residential mortgage lender in Grand Rapids. “We are seeing double to tripl...