ArcaMax

About 65% of 4,600 independent mortgage brokers agreed not to do business with Rocket Companies Inc. and another competitor, missing United Wholesale Mortgage Holdings Corp. CEO Mat Ishbia's expectations to enlist 80% or more.

The Pontiac-based lender issued an ultimatum earlier this month saying it no longer will work with brokers originating ...Read more

Medical bills are a leading cause of personal bankruptcies and, even if you’ve got insurance, the prices often make no sense, and the explanation of what you’re paying for can be bewildering.

Without insurance, negotiating your best price is a must. And even with insurance, if you have a large deductible or other out-of-pocket obligations, ...Read more

DETROIT — United Wholesale Mortgage Holdings Corp.'s decision to stop working with independent mortgage brokers who do business with crosstown rival Rocket Companies Inc. after Monday has brokers choosing sides and led some to explore legal options.

Pontiac, Mich.-based UWM has been the country's largest wholesale lender for six consecutive ...Read more

A bill that would cap payday-loan rates is unlikely to make it to Gov. Tim Walz's desk this spring.

Sen. Gary Dahms, the Republican from Redwood Falls who chairs the Senate Commerce committee, is unlikely to let the reform bill out of committee for a full Senate vote.

"There are plenty of reasons Minnesotans might need access to safe and ...Read more

St. Patrick's Day is the day when the green from those latest stimulus payments will actually flow into many savings and checking accounts.

Eligible consumers will have access to their money by 9 a.m. local time Wednesday, according to the trade group that handles the processing of direct deposits.

"The IRS chose the date of March 17, which is...Read more

The first coronavirus relief checks were for $1,200. The second ones $600. And now, payments of $1,400 per person are officially due to be sent March 17 (direct deposit), the week of March 22 (paper checks) and the week of March 29 (EIP cards). What will you do with the money?

Last Thursday, President Joe Biden signed into law the $1.9 trillion...Read more

Q: The coronavirus vaccination rollout may have you feeling frustrated. How do you not get upset about loved ones who haven’t followed COVID-19 guidelines getting the vaccine first?

A: Evolution has endowed human beings with a predisposition toward fairness and justice. When “good” things happen to “good” people and “bad” ...Read more

Perhaps you have purchased a book online, or gifts during the holidays for family members or friends. The online commercial revolution has made it possible to buy almost anything on your computer swiftly comfortably -- and certainly at better prices than you ever imagined. In less than a decade, half of our purchases will be made through our ...Read more

If the word crisis had two best friends, they would likely be named student loan and credit card debt, given how frequently those two forms of borrowing — totaling $1.56 trillion and $820 billion, respectively — are referred to as a crisis.

Fair enough. Payments on each drag down household finances and keep families from buying homes, ...Read more

The third round of stimulus cash could start arriving as soon as this weekend for those with direct deposit, giving many an extra financial lift after being ground down by a year-long pandemic.

And we'll know more specifics soon now that President Joe Biden signed the American Rescue Plan relief package into law Thursday afternoon, a day sooner...Read more

Rancho Mirage, Calif., the desert playground city dotted with resorts and golf courses, is about to get a jolt into the 21st century. Development group Palari just named it the site of the country's first 3D-printed community, which is set for completion by next spring.

The Coachella Valley community will cover five acres and include 15 eco-...Read more

Target, the largest employer in downtown Minneapolis, announced this morning that it will move out of the City Center building, a major downsizing of office space as it plans to let workers combine remote and on-site work after the pandemic ends.

The company is the building's largest tenant, leasing nearly a million square feet of office space ...Read more

Buying a home in South Florida is starting to look like an impossible proposition.

Shoppers are swarming open houses and sparking bidding wars that drive prices out of sight. Thousands of potential buyers are growing frustrated as they watch homes vanish from the market in a blink.

How do you win at this game?

The South Florida Sun Sentinel ...Read more

The liberating, euphoric feeling of receiving your COVID-19 vaccine might be as thrilling as getting, say, that first driver's license.

It's one of those first-steps, a milestone, on the road to being able to live life just a bit more freely. And many want to share this small victory on social media.

But taking a selfie of you holding your ...Read more

U.S. mortgage rates rose for a fourth straight week, with higher borrowing costs threatening to crimp the housing rally.

The average for a 30-year, fixed loan was 3.05%, up from 3.02% last week and the highest since July 2, Freddie Mac data showed Thursday. Rates have surged this year from a record low 2.65% in January.

Rates are rising as ...Read more

Q: We are buying a condo apartment, and the association has insurance coverage for the whole building. When we tried to purchase insurance to cover just the property’s contents, we were told that it did not work that way. Why do we need to buy the same type of insurance that our building already purchased? —Carmine

A: Every condominium unit...Read more

Casual visitors to the United States could be forgiven if they thought that this country was obsessed with real estate and houses. Turn on the television and it is impossible to miss the wall-to-wall shows featuring people looking for their dream house, renovating fixer-uppers, flipping houses and countless spinoffs.

It is hard to overstate the...Read more