Archives: September 2020

2020 Rocket Mortgage Classic Generates More Than $2.7 Million for Nonprofits, Including More Than $2.4 Million for Landmark Digital Inclusion Initiative

Rocket Giving Fund’s nonprofit contributions increase more than 125% in second year of event.

Market Update: Existing Home Sales Keep Climbing in August

August’s Existing Home Sales report showed a modest monthly increase of 2.4%, bringing the year-over-year growth to a staggering 10.5%. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Housing Starts Maintain Momentum in August

August’s New Residential Construction report showed a 4.1% increase in privately-owned single-family housing starts, to an annual rate of 1,021,000 units. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Rocket Mortgage Detroit Demo Day Announces 17 Finalists Competing for More Than $1 Million in Funding

11 pitches to receive funding ranging from $30,000 - $200,000 to support their business.