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Frank Nothaft Quotes
«Mortgage interest rates edged up over the end of last week and into this week, as early economic indicators suggest the economy is expanding and will cause the Federal Reserve Board to raise rates later this year.»
Author: Frank Nothaft
«The current housing market continues to show a great deal of strength,»
Author: Frank Nothaft
«Mortgage rates will likely continue at or below current levels in the coming weeks since we continue to see no change in inflation. In fact, today's release of the Producer Price Index showed the economy is growing with little sign of an inflation pick-up, which should calm some jitters.»
Author: Frank Nothaft
«For the past six months, 30-year fixed rate mortgage rates have hovered between 6.75 percent and 7.25 percent. We continue to see a very low mortgage rate environment, and this has played a key role in the high level of housing construction we have witnessed over the last two quarters.»
Author: Frank Nothaft
«We are currently experiencing the lowest rates in six months,»
Author: Frank Nothaft
«As a matter of fact, it looks as though 1998 will register the lowest annual mortgage rates in 30 years.»
Author: Frank Nothaft
«Mortgage rates continued to set records. Interest rates remain the lowest in Freddie Mac history; indeed, they are the lowest we have seen since 1967.»
Author: Frank Nothaft
«Because of the current low interest rate environment, Freddie Mac economists expect that existing home sales figures will continue at a brisk pace of 4.8 to 4.9 million units in August and September.»
Author: Frank Nothaft
«With the unemployment rate at a low of 4.3 percent and mortgage rates remaining at present affordable levels, we expect the housing market to continue to be strong into the coming months.»
Author: Frank Nothaft
«The strength in employment growth and an unexpected jump in consumer credit in January helped push mortgage rates a little higher this week. While long-term interest rates are at the highest level since May of 1998, they are still very affordable, particularly when compared to the 1970s and 1980s.»
Author: Frank Nothaft