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Frank Nothaft Quotes
«Mortgage rates are in a holding pattern at the moment as financial markets try to discern where inflation and growth in the economy are headed.»
Author: Frank Nothaft
«Earlier in the week, interest rates were a bit higher, as financial markets were a little anxious about what language the Federal Reserve (Fed) would use in its statement this month.»
Author: Frank Nothaft
«Saving half a percentage point in interest accumulates over time.»
Author: Frank Nothaft
«Although mortgage rates by and large are higher than they were at the start of the year, they've only risen about 1 percentage point since hitting a four-decade low in June of 2004.»
Author: Frank Nothaft
«Interest rates for 30-year fixed-rate mortgages currently are below the monthly averages set in November and December of 2005.»
Author: Frank Nothaft
«Financial markets paused this week, trying to decipher the December minutes ... which seemed to hint that the Fed might slow the pace of rate hikes in 2006. As a result, mortgage rates were little changed this week.»
Author: Frank Nothaft
«Today ARMS account for about 30 percent of new loans. We forecast that share to fall to around 25 percent by the end of 2006.»
Author: Frank Nothaft
«Interest rates for long-term mortgages slipped lower this week due to some economic data releases that pointed towards more subdued inflation in the near term.»
Author: Frank Nothaft
«This should induce some slowing in housing market activity, but we expect the housing market in 2006 to be strong, nonetheless.»
Author: Frank Nothaft
«Our January forecast calls for a gradual rise in long-term rates throughout 2006. This should induce some slowing in housing market activity.»
Author: Frank Nothaft
