Quicken Loans ‘Home Value Index’ and ‘Home Price Perception Index’ use data from the nation’s second largest retail mortgage lender to demonstrate home value and consumer perception trends in an innovative and unique view of the housing market.
Quicken Loans vice president comments on existing home sales.
The September housing starts report showed a 6.3 percent increase in new home construction and permits for single-family home construction rose 1.1 percent. Quicken Loans Vice President Bill Banfield offers the following comment on the report: “September’s housing starts and permits bounced back after a disappointing report last month. This report negates some of last month’s […]
Quicken Loans vice president comments on the MBA mortgage application numbers.
The Mortgage Bankers Association’s index of mortgage applications increased by 3.8 percent on a seasonally adjusted basis last week, with refinances rising 5 percent and purchase applications also increasing 2.4 percent. Quicken Loans vice president Bill Banfield offers the following comments on the report:
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|2013 Loan Volume:||$80B|
|Residential Lender Rank:||2|
Detroit-based Quicken Loans is the nation’s largest online retail mortgage lender and the second largest retail home lender in the United States. The company closed a record $80 billion in home loan volume across all 50 states in 2013, breaking a company record of $70 billion set in 2012.