Quicken Loans Insider » Bob Walters

Quicken Loans Chief Economist Bob Walter Discusses Mortgage Applications Rise in 1st Week of 2010

BetsyR — Wed, 13 Jan 2010 22:12:53 +0000

Today Bob Walters was quoted in an article by Julie Haviv, “Mortgage Applications Rise in First Week of 2010”, which was featured on Reuters, ABC News, Washington Post, MSN, and Yahoo. The article discusses the rise in mortgage applications due to the demand for refinancing while the interest rates are low. Here is what Bob had to say:

“What makes the (applications) increase interesting is that nothing exceptional occurred to prompt people to return to the market,” said Bob Walters, chief economist at Quicken Loans in Livonia, Michigan.

“In fact, this may be indicative of the ebb and flow we can expect to see as the market continues to try and find its footing,” he said.

Read the rest of the article to find out more about the rise of mortgage applications.

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Mortgage Rates Plummet and the media turns to Quicken Loans!

R. Rebecca Carter — Fri, 20 Mar 2009 19:52:33 +0000

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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New York Times and Tara Siegel Bernard quote Bob Walters

R. Rebecca Carter — Mon, 09 Mar 2009 20:19:06 +0000

I’ve said it before and I’ll say it again: Bob Walters (our Chief Economist) knows his Stuff. And the New York Times agrees.

Housing Rescue Plan Expert

Everyone wants to know how the housing resuce bill is going to affect them. And NYT finance reporter Tara Siegel Bernard tapped into Bob’s expertise on the subject, specifically about how to negotiate loan modification with your bank. She includes Bob’s expertise in the NYT’s Q and A article along with expert advice from several other industry leaders.

Read more about the Housing Bill on Quicken Loans or in the NewYork Times article

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