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Frank Nothaft Quotes
«When taken as a whole, this week's economic data point towards both low mortgage rates and a growing economy, both of which are good news for current homeowners looking to refinance and for families hoping to become homeowners.»
Author: Frank Nothaft
«Our outlook is that long-term rates are destined to rise to a still homebuyer friendly range that will most likely cause home sales to cool relative to their current record highs.»
Author: Frank Nothaft
«That said, January housing starts were the highest in over 20 years, and that is based on higher rates than we are currently experiencing. All in all, the little run-up in rates that occurred this week will not be enough to cause a significant slowdown in current housing market activity.»
Author: Frank Nothaft
«Financial markets currently are very inflation sensitive, putting upward pressure on mortgage rates. However, several economic indicators suggest that the economy isn't overheating and that inflation is relatively contained.»
Author: Frank Nothaft
«Long-term mortgage rates, which dropped again for the fifth consecutive week, remain low enough to keep refinancing activity a viable option for many. Not only can homeowners take some equity out of their home, many may also be able to lower their mortgage rate at the same time.»
Author: Frank Nothaft
«However, the resiliency of the housing sector continues to amaze. 2005 will be another banner year for the housing industry.»
Author: Frank Nothaft
«The miniscule rise in mortgage rates this week most likely reflects market expectations that the Federal Reserve will once again raise rates next week.»
Author: Frank Nothaft
«Declines in worker productivity coupled with accelerating labor costs increase the threat of inflation down the road. Inflationary pressure generated by these two factors pushes long-term mortgage rates upward, which is why we have seen rates rise these last two weeks.»
Author: Frank Nothaft
«Mortgage rates will surely fluctuate in the weeks and months ahead, but the trend now is for higher rates over the long run.»
Author: Frank Nothaft
«Declines in work productivity coupled with accelerating labor costs increase the threat of inflation down the road.»
Author: Frank Nothaft
