Frank Nothaft Quotes
The minuscule rise in mortgage rates this week most likely reflects market expectations that the Federal Reserve will once again raise rates next week.
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Minuscule | Rise | Mortgage | Rates | Week |
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The release of the August jobs report showed a continuation of the jobless recovery...this, of course, caused interest rates, including mortgage rates, to ease back from the highest level we had seen in a year.
- Frank Nothaft
Although new home sales fell in April, existing home sales rose to the second highest level on record as homebuyers rushed to close in the face of low, but surely rising, mortgage rates... Current mortgage rates are now a full point above where they were last year, and almost half a point higher than they were last month.
- Frank Nothaft
