Retail Sales Jump 0.3% in February

Retail Sales Jump 0.3% in February

Despite the high unemployment rate - people are buying more. The retail sales report released by the Commerce Department today showed that sales actually rose 0.3% from January. These figures are seasonally adjusted, and when you take car and auto part sales out of the equation, the increase is actually 0.8% for month over month and 4.2% higher than the previous year.

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Quicken Loans CEO Bill Emerson Featured on CNN Money

Quicken Loans CEO Bill Emerson Featured on CNN Money

Have housing values reached the bottom yet? And how do you know if now is a good time to buy a home? Our CEO Bill Emerson was featured on CNN Money to discuss the conditions of the housing industry, as well as to answer some questions on adjustable rate mortgages (ARMs). Emerson also explained that home buyers are finding security in the incredibly low mortgage rates right now, making 30-year fixed loans an ideal choice for many families. Check out the video for the full story and answers to many of the common questions home buyers are asking.

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