Frank Nothaft Quotes

There seems to be some concern in the marketplace that the economic recovery will be slower than expected , lessening the fear of inflation. As a matter of fact, personal income and consumer spending growth for the first quarter were moderate and showed inflation to be well constrained.

- Frank Nothaft

Tags

Concern | Marketplace | Economic | Recovery | Slower |

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We may see a market reaction to the release of September employment numbers due out tomorrow. It could potentially alter the momentum of mortgage rate change in the near future. - Frank Nothaft

Additionally, the Federal Reserve Board appears to be on target in quelling any future surges in inflation. - Frank Nothaft

In 2001, homeownership rose to an all-time record of 67.8 percent of the population, fueled by low mortgage rates... Last year, mortgage rates were low and stable, averaging 6.97 percent. And this year, forecasts are for much of the same. - Frank Nothaft