interest rates

Michigan’s jobless rate leveled off to 4.5% in August and September. That followed small increases in the unemployment rate over the summer. We have more from Rick Pluta.

Housing sales in Washtenaw County dropped by double digits last month – a result of rising interest rates. WEMU’s Cathy Shafran has more.

A recent drop in mortgage rates appears to have triggered a renewed interest in home buying in Washtenaw County. WEMU’s Cathy Shafran reports.

Rising interest rates are not having the dramatic impact on property sales in Washtenaw County as the rest of the country right now. Nonetheless, local realtors are starting to sound the warning bells about home prices locally. WEMU’s Cathy Shafran explains.

Crazy bidding wars on houses may be coming to an end in Washtenaw County as interest rate hikes make buyers more wary. WEMU's Cathy Shafran has more.

For those who need to take a payday loan to help meet financial obligations, it can be crippling. With interest rates averaging 370% in Michigan, just paying the loan back creates a cycle of debt that can be near impossible to escape. The "Stop the Debt Trap" petition drive is seeking to limit those interest loan rates to a maximum of 36%. WEMU's David Fair spoke with the group's Josh Hovey about the effort to get the initiative on the November ballot and why it's so important for all too many in Washtenaw County and around the state.

Due to inaction on the part of the US Congress, student loan interest rates have doubled. Unless congress takes action upon returning from summer recess,…