Anthony Messina's mortgage blog covers Metro Detroit mortgage market updates, first-time homebuyer tips, Michigan loan program guides, and local real estate insights for buyers across Macomb County, Oakland County, and Southeast Michigan. Published by Anthony Messina, John Adams Mortgage Company, NMLS #2699956.
What Actually Moves Mortgage Rates
Metro Detroit homes sold in twenty-six to thirty-five days in August — while the national average was sixty-six. Three separate home price indices confirm prices are rising. And Freddie Mac just opened conventional financing to buyers who qualify on assets rather than income. Here is the complete honest September 2026 picture.
Metro Detroit Housing Market Update — August 2026
Most buyers are waiting for the Fed to cut rates. Here's the problem: the Fed doesn't directly control mortgage rates — the bond market does. Here's what that means for Metro Detroit buyers in August 2026, with fresh RealComp data showing Oakland County homes still selling in fifteen days and everything buyers need to know about programs, legislation, and the honest rate picture.
Metro Detroit Rent vs. Buy 2026: What the Numbers Really Show
Fresh RealComp MLS data reveals what renting vs. owning actually costs in Macomb, Oakland, and Wayne County right now — including why the difference in Wayne County is just $36 a month. Plus updated MSHDA limits, current programs, and what Metro Detroit buyers need to know in June 2026.