Frank Nothaft Quotes

The most likely pattern is for mortgage rates to gradually rise over time, ... will translate into somewhat weaker demand for housing, lower home sales volume and lower house price growth.

- Frank Nothaft

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Pattern | Mortgage | Rates | Gradually | Rise |

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All eyes will be on the Fed for the next few months at least. How aggressive or how measured the coming rate hikes are will determine the future direction of both short- and long-term mortgage rates. - Frank Nothaft

There was no news this week that would drive mortgage rates in one direction or the other. Therefore, mortgage rates didn't have much reason to move a lot, staying below 7 percent for the second week running. - Frank Nothaft

Worry about disinflation should now be tempered somewhat, but fear of inflation is still unwarranted. And that should keep mortgage rates from rising too quickly or steeply anytime in the near future. - Frank Nothaft