Archives: February 2016

Market Update: New Home Sales Drop in January

New home sales in January fell 9.2% to a seasonally-adjusted annual rate of 494,000 units. Quicken Loans vice president Bill Banfield offers comments on the report.

Market Update: Home prices rose 5.7% year-over-year

This morning’s Case-Shiller Home Price Index for December reported that home prices rose 5.7 percent year-over-year, and was unchanged from the previous month in the 20-city index. Quicken Loans vice president Bill Banfield offers the following comments on the report:

Market Update: Housing Starts Cool in January

Housing starts in January declined 3.8 percent to an annual rate of 1.099 million units (SAAR).

Quicken Loans HPPI: Homeowner expectation of value nearing appraiser valuation

Gap between appraisal and owner estimates narrow for the fifth consecutive month.

RocketLoans Blasts Off Promising Unmatched Speed and Convenience for Personal Loans

Detroit’s newest financial technology company offers a completely online and powerful way to provide consumers the personal loans they need, when they need it.

Quicken Loans Hole-In-One Sweepstakes Returns to Offer Yearlong Mortgage Payment for Each Hole-In-One Made on PGA TOUR

Sweepstakes also awards one lucky fan $1 million for a hole-in-one at 2016 Quicken Loans National.