Archives: March 2017

Market Update: Home Prices Continued to Rise in January

This morning’s Case-Shiller Home Price Index for January reported that home prices increased 5.9 percent year-over-year.

Market Update: New home sales rise 6.1 percent in February

The New Home Sales Report showed that home sales rose 6.1% in February, to a seasonally-adjusted annual rate of 592,000 units. Quicken Loans VP, Bill Banfield, offers comments.

Market Update: Existing Homes Sales Slip in February

The Existing Home Sales Report showed home resales fell 3.7% in February, to a seasonally adjusted annual rate of 5.48 million. Quickens Loans VP, Bill Banfield, offers comments.

Quicken Loans’ Measure of Home Value Perception Shows Appraisals Lagging Owner Estimates

Home values rise 0.55% nationally, with a 2.95% year-over-year increase, according to the Quicken Loans HVI.

Detroit-based Quicken Loans Named Top-10 Place to Work in America by FORTUNE Magazine

Quicken Loans, the nation’s second largest retail mortgage lender, was today named America’s 10th best place to work in FORTUNE Magazine’s annual ranking of the “100 Best Companies to Work For.”

Fueled by Rocket Mortgage, Detroit-Based Quicken Loans Achieves Record-Breaking Year

One year after Quicken Loans’ Rocket Mortgage’s Super Bowl ad ignited a nationwide conversation about the power of the American homebuyer, the largest FinTech lender funded $7 billion of its record $96 billion in total closed loan volume in 2016 through Rocket Mortgage.