Archives: July 2016

Quicken Loans Ranks Highest in J.D. Power Study of Mortgage Servicing Client Satisfaction in Third Consecutive Year of Eligibility

Third-straight top servicing ranking adds to company’s six consecutive top placements for mortgage origination.

Home prices increase 5% year over year in May

Home prices rose 5 percent in the 12 months ended in May, according to the Case-Shiller Home Price Index. Quicken Loans Vice President Bill Banfield offers the following comments on the report.

Market Update: Existing Home Sales Increased 1.1% in June

Existing Home Sales Report showed home resales increased 1.1% in June and rose 3% year-over-year, the strongest gain in nine years. Quicken Loans vice president Bill Banfield comments on the report.

Market Update: Housing Starts Surge in June

Housing starts rose 4.8 percent in June to a seasonally adjusted rate of 1.189 million units. Quicken Loans Vice President Bill Banfield offers comments.

Perception Is Everything: Quicken Loans study finds appraisers view home values nearly 2% lower than owners estimate

Home values increased 0.84% in June and rose 4.47% year-over-year, according to the national HVI.