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Frank Nothaft Quotes
«That acceleration of growth, coupled with the specter of higher energy costs, will translate into higher long-term mortgage rates in the coming months.»
Author: Frank Nothaft
«The most likely pattern is for mortgage rates to gradually rise over time, ... will translate into somewhat weaker demand for housing, lower home sales volume and lower house price growth.»
Author: Frank Nothaft
«In spite of the job losses caused by hurricanes Katrina and Rita, the employment report was better than had been expected. This indicates that economic growth is likely to accelerate in 2006. That acceleration of growth, coupled with the specter of higher energy costs, will translate into higher long-term mortgage rates in the coming months.»
Author: Frank Nothaft
«The recent increase in mortgage rates has given the housing market a slight breather from the frantic pace in lending that has been prevalent over the last few years.»
Author: Frank Nothaft
«Given the current economic environment, we anticipate mortgage rates will remain at or near their current consumer-friendly levels at least for the remainder of the year.»
Author: Frank Nothaft
«All eyes will be on the Fed for the next few months at least. How aggressive or how measured the coming rate hikes are will determine the future direction of both short- and long-term mortgage rates.»
Author: Frank Nothaft
«The 1-year ARM responds more directly to movements by the Fed, ... And market chatter has it that the Fed will not only raise rates at the end of this month, but may do so consecutively throughout the rest of the year.»
Author: Frank Nothaft
«News like that is good news for keeping long-term fixed-rate mortgage rates low since those are more sensitive to inflationary expectations.»
Author: Frank Nothaft
«Last month's huge surge in employment figures reaffirmed market expectations that the Fed will move sooner now rather than later,»
Author: Frank Nothaft
« Gross domestic product numbers surprised everyone today, posting a much larger-than-expected increase and confirming the notion that the economy has finally turned the corner,»
Author: Frank Nothaft