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Frank Nothaft Quotes
«As expected, long-term mortgage rates were relatively unaffected by the Fed's recent actions,»
Author: Frank Nothaft
«Meanwhile, home construction remains strong and home sales continue to break records easily. In fact, total home sales should end the year two percent higher than 2003's all time record level.»
Author: Frank Nothaft
«Additionally, the Federal Reserve Board appears to be on target in quelling any future surges in inflation.»
Author: Frank Nothaft
«August's 144,000-job gain, combined with a 41,000 upward revision for July, signaled a strengthening economy and helped push mortgage rates up slightly this week,»
Author: Frank Nothaft
«This new millennium has proven to be very homeowner friendly. For instance, in the last four years we have set records in housing starts, housing sales, low mortgage rates, refinancing volumes and total mortgage originations,»
Author: Frank Nothaft
«The decline in mortgage rates was primarily due to a weak employment report for September, which suggested economic growth is still a bit subdued. As a result, we expect mortgage rates will continue to stay quite affordable over the next few months, benefiting future homebuyers,»
Author: Frank Nothaft
«Our latest forecast expects a brisk housing industry through year-end. Single-family building is likely to remain strong this quarter, as evidenced by the pace of recent new-home sales,»
Author: Frank Nothaft
«When taken as a whole, this week's economic data point towards both low mortgage rates and a growing economy, both of which are good news for current homeowners looking to refinance and for families hoping to become homeowners,»
Author: Frank Nothaft
«October's fervent job growth statistics, mixed with upward revisions in previous months, led financial markets to believe the economy is picking up steam,»
Author: Frank Nothaft
«Our outlook is that long-term rates are destined to rise to a still homebuyer friendly range that will most likely cause home sales to cool relative to their current record highs,»
Author: Frank Nothaft