Archives: December 2020

Market Updates: Home Prices Witness Historic Year-Over-Year Growth in October

The Case-Shiller report showed an 8.4% increase in home prices annually in October - the highest rate 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 Dipped Slightly in November

November’s Existing Home Sales report showed a 2.5% decrease in home sales, to a seasonally adjusted rate of 6.69 million. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Housing Starts Increased, Albeit Slowly in November

November’s New Residential Construction report showed a 0.4% increase in privately-owned single-family housing starts, to an annual rate of 1,181,000 units. Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offers the following insight on the report.

2020 MAC Football Championship Game Ready to Liftoff in Detroit with Sponsorship from Rocket Mortgage

Rocket Mortgage offers $1,000,000 to non-profit focused on ending veteran homelessness if opening or second-half kickoff returned for touchdown.