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Frank Nothaft Quotes
«Market jitters about high energy costs and the spillover into other sectors of the economy have led to a decline in bond yields, which typically mean lower mortgage rates.»
Author: Frank Nothaft
«There's no way we can sustain double-digit price appreciation year after year; it just can't happen. We're going to see a return back toward the normal pace.»
Author: Frank Nothaft
«Market jitters about high energy costs and the spill over into other sectors of the economy have led to a decline in bond yields, which typically mean lower mortgage rates.»
Author: Frank Nothaft
«We expect that near-term growth will now be a bit weaker than had been anticipated, due in very large part to the disruption in economic activity brought on by Katrina last week.»
Author: Frank Nothaft
«Reconstruction efforts are going to place upward pressure on construction material, and this could add another two percent to three percent to new home costs in the coming months, but should be balanced out by slightly lower mortgage rates.»
Author: Frank Nothaft
«Mortgage rates were relatively unchanged this week as the markets wait for the results of the upcoming Federal Reserve policy committee meeting.»
Author: Frank Nothaft
«Core Consumer Price Index (CPI) released this week came in lower than had been expected, which led the market to believe that the Fed has further room to take a pause in raising rates and this has kept financial markets fairly quiet this week.»
Author: Frank Nothaft
«When the September values come in there will be further signs that economic activity will be far weaker at the end of the third quarter and at the beginning of the fourth quarter.»
Author: Frank Nothaft
«Mortgage rates look like they are back on track where the Fed wants them, which is gradually rising.»
Author: Frank Nothaft
«The most likely pattern is for mortgage rates to gradually rise over time. It is likely that they'll hover at 6 percent or just a bit over.»
Author: Frank Nothaft
