The disaster declaration covers 15 counties in Northern Michigan for the drought occurring June 1-Dec. 31, 2024.

Understanding mortgage and refinance rates is key when navigating the Michigan housing market. These rates aren't set in stone, though. They fluctuate based on factors like 10-year Treasury yields, ...

FHLBank Indianapolis launched the CDFI Rate Buydown Advance program in 2024 with an initial $5 million grant allocation. CDFI Rate Buydown Advances allow CDFI members of FHLBank Indianapolis to borrow ...

LANSING, Mich. (AP) — Small businesses, small agricultural cooperatives and private nonprofit organizations financially impacted by an Aug. 1 hailstorm in some parts of northern Michigan can apply for ...

Septic tank system are exposed along front property of a residential home. Michigan is making available financing to help homeowners replace their old septic systems. The state’s Septic Replacement ...

The Michigan bank connected with Southfield-based Calibo to figure out how to use artificial intelligence to lend to ...

Michigan stands at a crossroads as it considers capping interest rates on payday loans at 36%. Senate bill 632 has already passed the Senate with bi-partisan support, and this bill and its companion, ...

GRAND RAPIDS, MI -- Private student loans should be a last resort for borrowers, but they grew over the past decade as lenders expanded marketing efforts and loosened lending standards, administrators ...