Great article in USA Today about the HARP Refinance program featuring Quicken Loans Chief Economist Bob Walters. Bob Walters chats about the success of the HARP program and the 3 million underwater homeowners still eligible to refinance.
This is something we've known was going to happen for months. Mortgage rates couldn't stay in the historical cellar forever. They had to rise eventually.
Now that Sandy has left her trail of destruction along the east coast and more, many families are left trying to pick up the pieces of their lives and left wondering what to do next. Here are some tidbits of advice for you to help get things squared away.
Great news for homeowners nationwide, according to USA Today. Home prices in April slightly edged upward. In just about the entire country.
Fortune Magazine published an article last week talking about the increase in rent prices in 2011 and 2012. CNN Money also confirmed a double dip in home prices. Record-low mortgage rates and the fact that, in many markets, buying is cheaper than renting make this an ideal buyer's market.
USA Today had a great article on free credit reports today. While a majority of us proceed with caution and skepticism when we see an ad for something that’s “free”, there actually are some things in life that actually are. Free credit reports and scores is one of them. No, I’m not talking about freecreditreport.com, that site requires you to sign up for their service, and if you don’t cancel fast enough – they start charging you (my personal experience). What I’m talking about are sites like our sister company Quizzle, as well as others such as Credit Karma. These sites actually do offer free services without having to give your credit card number, and with identity theft increasing – everyone should monitor their credit report closely. Among many financial services, Quizzle also offers credit improvement tools to increase your score for that big purchase like buying a home. Check out USA Today’s full article here, and be sure to get your free credit score!
USA Today has named Quicken Loans as one out of thirty seven companies using social media sites like Twitter for customer service. Check out the article and list, let us know what you think. We are really proud of being one of the companies on such a short list. You can follow our Social Media Manager Kelly on our Quicken Loans Twitter page.