Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last week, Freddie Mac said in a statement.

On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local immigrants.

U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after two days of disruption driven by doubts about the artificial-intelligence boom.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

Exploring could Detroit Lions offensive philosophy slightly change with a new offensive coordinator.

Fed interest rate moves can affect mortgage rates. But maybe not the way you expect. Moves by the Fed do not directly affect long-term fixed mortgage rates. They can, however, impact shorter-term loans, home equity financing and adjustable-rate mortgages.

How does ‘pausing’ federal funding for school meals for disadvantaged children or programming for special needs children make America great again?” the superintendent posted on social media.

General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.

This story incorporates reporting from Detroit News, The Wall Street Journal on MSN.com and Reuters.The U.S. dollar may strengthen as market analysts suggest that tariff risks are unlikely to alter the Federal Reserve’s current policy direction.

The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.