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Detroit-based Quicken Loans Brings Home #1 Spot on Computerworld’s ‘100 Best Places to Work in IT’ List for 2nd Consecutive Year

For the second consecutive year, the nation’s best place to work in technology is not ...

Market Update: June Existing Home Sales Show Improvement

The National Association of Realtors’ existing home sales reports showed that home resales increased 2.6 percent from May to June 2014. However, the level of home sales were 4.3 percent lower than the previous June. Quicken Loans Vice President Bill Banfield offered the following comments of the report: “While lower than a year ago, it […]

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Market Update: June Housing Starts Dive

Today’s housing starts report showed a 9.3% fall in new home construction. Quicken Loans Vice President Bill Banfield offers the following comments on the report: “The drop in June’s housing starts is disappointing but largely regionalized. With single-family home builder confidence up and permits up year-over-year, we will see if this translates into improvements in […]

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Market Update: Mortgage applications drop 3.6 percent

Mortgage applications decreased by 3.6 percent last week on a seasonally adjusted basis. Quicken Loans vice president Bill Banfield offers the following comments on the report: “While we try not to put too much focus on week-to-week fluctuations, it can be disappointing to see any substantial drop in purchase activity. But based on the where […]

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Market Update: Another Dip in the MBA Weekly Mortgage Applications Survey

Quicken Loans vice president Bill Banfield gives his comments on the dip in mortgage applications

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Market update: May’s Case-Shiller report rises 0.19%

The Case-Shiller House Price Index for May reported that home prices rose 0.19% month-over-month (SA) and 10.8% year-over-year. Quicken Loans Vice President Bill Banfield offers the following comments on the report. “Slow and steady is the reoccurring theme for these past few months of home price data. While the year-over-year growth fell below expectations, the […]

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