Archives: December 2019

Market Update: Home Prices Continue to Increase in October

The Case-Shiller report showed a 0.10% rise in home prices in September from the previous month and a 3.3% increase from last October. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Quicken Loans and Nexsys Technologies Perform Michigan’s First Remote Online Mortgage Closing

In a RON eClosing, the consumer and the notary perform a mortgage closing digitally from separate locations using the internet and an audio/video connection.

Market Update: Housing Starts Increased in November

This morning’s Housing Starts report showed a 2.4% rise in new home construction, to an annual rate of 938,000 units. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

City of Detroit, Quicken Loans Community Fund Partner to Streamline Permitting and Inspection Process

Improvements include simplified forms, processes and permit office navigation due to significant increase in license and permit applications.