15-Year Mortgage Looks Great With A Low Rate

When most people buy a house, the default mindset is that you have to have a 30-year mortgage. For lots of people, the 30-year fixed rate mortgage makes sense because of its low payment, but the danger isn’t looking at when other options may benefit you. Today, we’ll take a look at the benefits to a 15-year fixed rate mortgage. …

Stocks Fall As Jobless Claims Tick Up – Market Update

I’m writing this just a bit in advance because opening day for baseball in Detroit is today and I have the day off. It does feel good to have some normal back. Who are you rooting for? One thing that we’re all rooting for is some positive news on the economic front. Jobless claims are no doubt a cause for …

Will This Year’s Home Buying Season Be Extended?

If you’re familiar with real estate trends, you probably know how important the spring season is for home buying. During this time, often referred to as the “home buying season,” many homeowners decide to buy new houses in preparation for the summer and fall. But as the COVID-19 pandemic hit earlier this year, causing a nationwide shutdown, the spring months …

Big Gains In Retail Sales And Builder Confidence – Market Update

When things get crazy, sometimes you’ve got to focus on the little wins. For instance, after what was going on a couple of months, I’ve finally completed my personal COVID-19 housebound project and automated my blinds. It felt like I was doing battle with them. Observers of the economy may have noticed a win or two last week even if …

Low Mortgage Rates Supporting Housing Demand – Real Estate Market Update

  If you read the news, there’s no denying we’ve got some work to do when it comes to containing COVID-19 in certain parts of the country. However, we’re learning how to move forward and live with this. If you’re in real estate, it should encourage you to know that the demand is there. Indeed, housing has been a real …

Stock Market Has Great Week – Market Update

It took me a while to get around to it, but I finally finished “The Outsiders” this weekend. It strikes me that the book is at least partially about not growing up too fast and holding onto the promise of youth. It’s interesting because we clearly are experiencing different effects based on COVID-19 across the country, but the stock market …

10 Tips To Help You Become More Successful As A Real Estate Agent

When deciding whether to get a real estate license, people commonly ask how long it takes to become successful in real estate. The problem with this question is that it’s impossible to quantify. Success is dependent on the individual agent, as well as the market they’re working in. Instead of trying to figure out the timetable for success, real estate …

Jobs Report Beats Expectations – Market Update

There was an actual sporting event in Detroit this weekend. Bryson DeChambeau provided some post Fourth of July fireworks on Sunday winning the second annual Rocket Mortgage Classic with a score of 23 under par. We look forward to having golf fans back at the Detroit Golf Club next year. The action of the tournament certainly beat my expectations. In …

Get The Answers You Need With Our Self-Service Options

When you have questions about your mortgage, you shouldn’t have to spend a bunch of time tracking down the answers you need. With Rocket Mortgage® by Quicken Loans®, all those answers are at your fingertips, thanks to these convenient self-service options available to our clients. Get Answers Online With Your Rocket Account We want to make sure that all the …

Stock Market Has Dismal Week – Market Update

I hope everyone had a great week! Baseball finally settled on an agreement to start the season, so it’s incredibly exciting for me. I also had a couple of days off last week, so I’m ready to go this afternoon! Unfortunately, some of the data still shows that the overall economy might be less peppy than I am, dealing with …