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Federal Reserve cuts fed funds rate quarter point

by Clayton Closson on October 31, 2007 in Market Update

For the second consecutive meeting, the Federal Reserve Open Market Committee dropped short term interest rates.

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Rock Financial/Quicken Loans join American Red Cross and WJBK-FOX 2 to kick off the 20th Annual Blanket Days for the Homeless campaign

by brawson on October 29, 2007 in Press Release

— The Detroit Pistons also support campaign by offering special ticket promotion. — Detroit, Mich. – Oct. 29, 2007 – The American Red Cross – [...]

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Quicken Loans leadership students to volunteer at Gleaners Community Food Bank this Saturday

by brawson on October 26, 2007 in Press Release

— Volunteer projects develop leadership skills and make a difference in the community — Livonia, Mich. – Oct. 26, 2007 – Eighteen Quicken Loans team [...]

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Home for the holidays, updates that increase value

by Clayton Closson on October 26, 2007 in Homeowners Tips

Planning for the holidays can include welcoming guests in your home. For many, this means getting your home in order and that might include some light remodeling.

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New home sales rebound, long term rates still low

by Clayton Closson on October 25, 2007 in Home Sales

Sales of new, single-family homes bounced back in September after hitting a seven-year low in August, as reported by the U.S. Census Bureau and the Department of Housing and Urban Development.

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Existing home sales down. Fed rate cut urged.

by Clayton Closson on October 24, 2007 in Home Sales

Existing home sales at 8-year low according to the National Association of Realtors. Federal Reserve to meet next week.

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Quicken Loans Announces Plans to Hire 100-150 Mortgage Bankers

by brawson on October 19, 2007 in Press Release

Livonia, Mich. – Oct. 19, 2007 – Quicken Loans, the nation’s largest online mortgage lender, and one of the largest mortgage companies in the country, [...]

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Rock Financial Junior Achievement (JA) Finance Park Celebrates One Year Anniversary Teaching Area Students About Managing Money And Credit

by brawson on October 19, 2007 in Press Release

Livonia, Mich. – Oct. 19, 2007 – Downtown Detroit’s Rock Financial Junior Achievement Finance Park – the first of its kind in Michigan — recently [...]

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October sets record for ARMs adjusting

by Clayton Closson on October 19, 2007 in Market Update

According to CNNMoney.com, $50 billion in adjustable rate mortgages will reset in October 2007, driving interest rates up. Some may jump as much as 50%.

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FHA loan from Quicken Loans launches nationally, providing relief to many homeowners struggling with higher payments

by brawson on October 17, 2007 in Press Release

Livonia, Mich. – Oct. 17, 2007 – Millions of American homeowners are, or soon will be, facing significantly higher mortgage payments, as more than $140 [...]

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