Archives: November 2020

Market Update: Home Price Acceleration Hits Six-Year High

The Case-Shiller report showed a 7% increase in home prices annually in September - the highest level in six years. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Existing Home Sales Remain at Heightened Levels in October

October’s Existing Home Sales report showed a 4.3% monthly increase, bringing the year-over-year growth to a staggering 26.6%. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Housing Starts Continued Hot Streak in October

October’s New Residential Construction report showed a 6.4% increase in privately-owned single-family housing starts, to an annual rate of 1,179,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.

Los Angeles Rams and Rocket Mortgage Kick Off Partnership By Supporting Local Veterans

The Los Angeles Rams and Rocket Mortgage, the nation’s largest mortgage lender, today announced Rocket Mortgage has become an Official Mortgage Partner of the Rams through a multi-year agreement.

Rocket Mortgage and Amrock Continue to Set Bar for the Nation in Digital Closings Throughout 2020

The collaboration between the two companies, and the focus on innovation, has resulted in significant gains in the digitization of the mortgage closing.

Rocket Mortgage Ranked #1 in the U.S. for Client Satisfaction in Mortgage Origination by J.D. Power for the 11th Straight Year

The FinTech leader’s J.D. Power recognition is unmatched with 18 total consecutive #1 rankings for client satisfaction, including seven #1 rankings for mortgage servicing.