Detroit’s mortgages return to pre-recession levels, still face obstacles

https://www.detroitnews.com/story/news/local/detroit-city/2019/02/14/detroit-mortgages-2018/2795713002/ Detroit — Nearly 1,300 home buyers took out mortgagesin the city in 2018, a number not seen here since before the Great Recession.  The milestone signals a strengthening housing market in a city that once boasted one of the largest homeownership rates among African-Americans. But by 2012, the number of new mortgages had dwindled to just […]

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