Quotations
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Frank Nothaft Quotes
«Our current economic forecast sees 30-year mortgage rates staying in their current and attractive range of six to seven percent for the rest of the year.»
Author: Frank Nothaft
«And, as also expected, short-term mortgage rates moved upward in response to those same actions.»
Author: Frank Nothaft
«Although we anticipate a moderation in the housing sector at some future point, with the economy picking up steam and mortgage rates still low by historical standards, the housing market will remain buoyant for at least the rest of the year.»
Author: Frank Nothaft
«Long-term mortgage rates this week fell to levels equal to those experienced in April, reacting in large part to last Friday's news of less than stellar job growth in June, ... This is good news for those who are still house hunting, as lower rates mean more affordable housing.»
Author: Frank Nothaft
«People are feeling much more financially secure. Families who are more financially secure are much more likely to buy a big-ticket item, like a house.»
Author: Frank Nothaft
«Taken as a whole, there are few compelling reasons why mortgage rates should dramatically increase right now, ... In terms of the economy, retail sales, industrial production, and producer prices were all lower than expected in June.»
Author: Frank Nothaft
«Stronger growth in the economy will invariably translate into higher mortgage rates in the future, particularly for ARM products,»
Author: Frank Nothaft
«However, the rise in mortgage rates will be measured, not extreme, and that will help keep the housing industry stable and affordable in the coming months.»
Author: Frank Nothaft
«Additional economic indicators this week confirmed that June was a weak month for the nation as a whole. Consequently, the upward pressure on interest rates eased, allowing mortgage rates to return to earlier, lower levels.»
Author: Frank Nothaft
«Mortgage rates eased even further this week in response to a setback in economic growth during June and possibly July,»
Author: Frank Nothaft