This was a huge week in the mortgage market. Lenders are scrambling to make sense of Obama’s Making Home Affordable Plan, The Fed announced it would buy up U.S. Treasuries and mortgage-backed securities to infuse the economy with $1 trillion, and mortgage rates took a nosedive.
I’m so proud that so many respected news outlets turned to our experts-in-residence. CBS radio talked with our CEO Bill Emerson, Reuters quoted our Chief economist Bob Walters, The International Herald Tribune mentioned our low rates, and our founder and Chairman of the Board Dan Gilbert was interviewed on CNBC! NPR’s Marketplace even instructed listeners to Google us to see how low our rates had dropped!
It’s nice to know that in these times, when mortgage companies’ reputations have taken a hit in the troubled economy, Quicken Loans reatains its reputation as a trusted mortgage expert.
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