For three straight weeks, mortgage rates have dropped even lower. How and why? Read this week’s PMMS report to find out.
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Archive | Economic Analysis
Bob Walters Discusses Mortgages on the Real Estate Today Radio Show
Bob Walters, chief economist and vice president of capital markets for Quicken Loans, is getting called upon more and more for his advice on all things mortgage related.
CEO Bill Emerson Discusses Servicing Deal on Bloomberg TV
Quicken Loans CEO Bill Emerson recently appeared on Bloomberg TV’s “Market Makers,” with Scarlet Fu and Stephanie Ruhle, to discuss the recent deal with Ally to purchase $34 billion in servicing rights.
It’s Been One Year of Incredibly Low 30-Year Fixed Rate Mortgages!
This week marks the one year anniversary of 30-year fixed-rate mortgages staying below 4%! Read more in this week’s PMMS report on why you should jump on these rates today!
ARMs Don’t Move Much, But Fixed Rates Are On the Rise.
Adjustable rate mortgages see very little change, but fixed-rate mortgages are on the rise and should be capitalized on now!
Should the U.S. Mint Ditch the Penny?
From a business standpoint, almost any company would have probably got rid of the penny years ago since it costs more to make than it’s worth. On the other hand, most of us want to save our money – even if it means a penny here and there. What do you think? Should the U.S. Mint ditch the penny?
Freddie Mac Releases Mortgage Rates and Economic Forecast for 2013
Freddie Mac released its mortgage rates and economic forecast for 2013 and the news is looking pretty good.
Quicken Loans Chairman Dan Gilbert Hosts CNBC’s Squawk Box
Quicken Loans Chairman and Founder Dan Gilbert was a guest host today on CNBC’s Squawk Box. It’s was an interesting two-hour segment, featuring discussions on the dreaded Fiscal Cliff (and how it could affect mortgage rates – can you say “go up?”), Dodd Frank legislation to regulate the mortgage industry, and the housing industry in general.
The Local Economic Impact of the World Series
If you’re a local restaurant or bar owner in either San Francisco or Detroit, you’re probably just as happy as the players and coaches that made it to the World Series, because you’re about to see an unbelievable surge in business over the next 10 days. Just by taking a look at the possible economic impact in Detroit, my eyes instantly turned into dollar signs, and I’m not even a business owner.
7 Benefits of Seasonal Jobs
From knocking the rust off skills to possibly receiving a full-time position, don’t snuff being one of Santa’s helpers this season. If you’re looking for employment, or maybe even a career change, a seasonal holiday position is a great option.
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