Archives: May 2015

Market update: Case-Shiller shows monthly home prices up 0.9% in March

This morning’s Case-Shiller Home Price Index for March reported that home prices rose 5 percent year-over-year, and rose 0.9 percent month-over-month in the 20-city index. Quicken Loans vice president Bill Banfield offers his comments on the report.

Market update: existing home sales drop 3.3% in April

This morning’s National Association of Realtors (NAR) report showed that existing home sales in April dropped 3.3% to a seasonally-adjusted rate of 5.04 million. Quicken Loans vice president Bill Banfield offers the following comments on the report:

Market update: New construction up 20.2% in April

U.S. housing starts jumped 20.2 percent in April to a seasonally adjusted rate of 1.14 million. Quicken Loans Vice President Bill Banfield offers the following comments on the report.

Quicken Loans’ Response to DOJ’s Venue Filing

The lawsuit filed by Quicken Loans, the nation’s largest and highest quality (lowest default rate) FHA lender, in Detroit Federal Court is the logical and correct forum for the company’s case, and remains so even when taking into account the false accusations of the DOJ in its later counter suit.

Quicken Loans “Drive Home a Winner” Sweepstakes Offers Brand New Chevy Colorado and Mortgage Payments

Quicken Loans “Drive Home a Winner” sweepstakes offers brand new Chevy Colorado and one year of mortgage payments.

Quicken Loans Study Shows a Greater Divide Forming Between Appraiser and Homeowner Perceptions in April

Home values in April increase after decrease in March.