If last week’s mortgage rates were crazy low, this week’s mortgage rates would be classified as “unbelievably, astonishingly, insanely, stupid low.” That’s right people – according to the Weekly Primary Mortgage Market Survey from Freddie Mac, mortgage rates yet again dropped to all-time record lows for the third consecutive week.
Bernanke May Take Stimulus Action if Economy Conditions Continue to Descend – Market Update
by Jonathan Slappey on May 17, 2012 in Market Update
The FOMC meeting minutes from yesterday revealed that Ben Bernanke and the Fed are ready to take action via stimulus if economic conditions worsen in the near future.
3 Reasons to Buy a Home in 2012 – Watch-It Wednesday
by Eric Mally on May 16, 2012 in Home Buying, Mortgage Rates
Quicken Loans Chief Economist Bob Walters sat down with our very own Jordan Fylonenko to talk about three very strong reasons why to buy a home in 2012 in another episode of the critically acclaimed Markets and Musings.
Housing Starts Up 72K from Last Month – Market Update
by Jonathan Slappey on May 16, 2012 in Market Update
Housing starts data came in at 717K, up 72K from last month (645K). Yet, building permits data for this month came in 32K permits lower than last month’s report, dropping from 747K to 715K.
Quicken Loans Customer Satisfaction J.D. Power and Associates
by Clayton Closson on May 15, 2012 in Culture, News
J.D. Power and Associates has created this nifty microsite for Quicken Loans and we wanted to share with our readers here. Toot our own horn, you know? Why not? I mean, we are “Highest in Customer Satisfaction for Mortgage Origination in the U.S.” two years in a row, according to J.D. Power and Associates.
Consumer Price Index Down – Market Update
by Jonathan Slappey on May 15, 2012 in Market Update
The Consumer Price Index and Advanced Retail Sales reports came in lower than expected this morning. Also, Germany’s GDP growth data came in with better than expected progress.
Detroit’s New Soccer Team Aims to Connect Communities Through Sports
by Jonathan Slappey on May 14, 2012 in Zing Zone
Since Jackie Robinson became the first African American to join Major League Baseball in 1947, sports (in America) have become the stir stick that mixes all races and religions together in one melting pot. Recently, four young professionals in Detroit employed this concept to help bring estranged communities in the city together through their newly formed Detroit City Football Club.
Wood Deck Protection and Maintenance
by Victoria Araj on May 14, 2012 in Home Improvement, Homeowners Tips, Smart Shopper
Exposure to daily weather, water and UV rays can quickly rot and warp unprotected wood decks. Check out these deck protection tips to help keep moisture out.
10-Year Treasury Yield Down for Eighth Straight Week – Market Update
by Jonathan Slappey on May 14, 2012 in Market Update
The 10-year treasury yield has dropped for the eighth straight week, marking the longest decline since 1998. Whereas the average 10-year yield over the last twenty years is 4.93 percent, today the 10-year yield is 1.78 percent.
Help Fuel the Cure
by Anthony Fontana on May 11, 2012 in Family Focus
Help Fuel the Cure by donating money to the Children’s Tumor Foundation (CTF). Your donation will help the CTF in its battle to find a cure for neurofibromatosis (NF).
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- Detroit’s New Soccer Team Aims to Connect Communities Through Sports May 14, 2012
- Wood Deck or Cement Patio? It’s a Tough Call May 9, 2012
- Mortgage Rates Set Record Lows for Second Consecutive Week May 10, 2012
- Consumer Alert: Beware Companies Posing as Quicken Loans! April 19, 2011
- Buying a Home After Bankruptcy November 11, 2005
- Top 5 Reasons to Buy a Home in 2012 January 6, 2012
- The Quicken Loans Mortgage Process Gets Even Better: Introducing the New MyQL! January 10, 2012
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