If you’ve been thinking about buying a home in Michigan, you’ve probably noticed one number showing up frequently in the headlines: 7%. Mortgage rates have been trending higher, with Michigan’s average 30-year fixed mortgage rate at approximately 7.02% as of September 17, 2026. Nationally, Freddie Mac reported an average 30-year fixed rate of 6.76% for…
Read more
Recent changes in U.S.-Canada trade policy have added another factor Michigan homebuyers must consider. Summarized from a recent Housing Wire article, new U.S. tariffs of 50% on certain Canadian goods took effect in August, with Canada announcing matching counter-tariffs on selected U.S. products beginning September 8. For Michigan, where the economy and supply chains are…
Read more
Buying a home is an exciting milestone, but navigating the mortgage process can feel overwhelming. At EB Mortgage, we’re committed to making your home-buying experience as smooth and stress-free as possible. From pre-approval to closing, our experienced mortgage specialists provide the financing options, guidance, and personalized support you need to make informed decisions every step…
Read more
If you’ve built equity in your home, a cash-out refinance could help you achieve your financial goals. Whether you’re looking to consolidate high-interest debt, renovate your home, pay for major expenses, or strengthen your financial cushion, a cash-out refinance allows you to convert a portion of your home’s equity into cash. A cash-out refinance loan…
Read more
EB Mortgage offers flexible commercial financing solutions designed specifically for real estate investors, self-employed borrowers, and entrepreneurs who may not fit traditional lending guidelines. Whether you are purchasing rental properties, funding renovations, building from the ground up, or expanding a commercial portfolio, our investor-focused loan programs provide fast, flexible options tailored to your goals. Our…
Read more
Real estate investing offers a range of opportunities for building income and long-term wealth, but success often depends on choosing the right strategy. Whether seeking active involvement or passive returns, investors have multiple paths to consider—each with its own advantages, risks, and time requirements. Understanding these options is key to aligning an investment approach with…
Read more
Mortgage rates in 2026 have become increasingly unpredictable, creating new challenges for homebuyers—especially those entering the market for the first time. While rates improved late last year, recent economic pressures and global instability have pushed borrowing costs higher again. Current Monthly Payments on a $600,000 Mortgage At today’s average rates: (Estimates exclude taxes, insurance, and…
Read more
Commercial real estate investing is showing renewed momentum as investor confidence continues to strengthen heading into 2026. A recent survey from CBRE, the world’s largest commercial real estate services and investment firm, reveals that the vast majority of investors plan to increase or maintain their exposure to commercial real estate this year—signaling optimism around long-term…
Read more
As housing affordability continues to challenge homebuyers, President Donald Trump has expressed concerns about a proposal that would allow individuals to withdraw money from their 401(k) retirement accounts to use as a home down payment. Trump has emphasized protecting long-term retirement savings, noting that many 401(k) accounts are performing well and should remain focused on…
Read more