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Frank Nothaft Quotes
«Mortgage rates were mostly unchanged this week, amid conflicting economic reports as to the strength of the economy,»
Author: Frank Nothaft
«Our housing outlook remains positive, and forecasts only a gradual rise in mortgage rates in the next few months, indicating another strong year for the housing sector.»
Author: Frank Nothaft
«August employment figures are due out tomorrow and those numbers will shed more light on the future financial strength or weakness of families. And that strength or weakness is a large part of what will drive the pace of the nation's economic growth.»
Author: Frank Nothaft
«Freddie Mac's own economic forecast calls for a mild and gradual increase in 30-year fixed-rate mortgage rates to about 6 percent by the end of the year. Low mortgage rates will sustain a brisk housing market, leading to record home sales and single-family construction this year.»
Author: Frank Nothaft
«The consumer price index figures released this morning showed that the run up in oil prices has not been inflationary at the consumer level, much to the relief of mortgage lenders. And price stability in products other than oil have allowed for more money to go toward home buying and home projects.»
Author: Frank Nothaft
«Next week the policy committee of the Federal Reserve will meet and our expectation is that it will raise short-term rates by a quarter of a percent. However, we also don't see this increase as having a significant impact on long-term mortgage rates.»
Author: Frank Nothaft
«Our Primary Mortgage Market Survey results this week show mortgage rates slipping again, which will all but guarantee that the housing industry will continue at its robust pace and set yet again, another record for both new construction and overall home sales.»
Author: Frank Nothaft
«As a matter of fact, low mortgage rates in August led to housing starts in that month that were the second highest in over two decades.»
Author: Frank Nothaft
«Our forecast is for the 30-year fixed-rate mortgage rate to remain below 6 percent for the rest of the year and not much higher than that for 2005.»
Author: Frank Nothaft
«Of late, there has been no compelling economic reason to believe mortgage rates would climb out of their recent range.»
Author: Frank Nothaft