Frank Nothaft Quotes

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

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News | Week | Drive | Mortgage | Rates |

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The slight increase in mortgage rates this week was due in large part to volatility in long-term bond yields. - Frank Nothaft

Meanwhile, regional indicators of manufacturing have shown some improvement over the month, most notably in New York, another hopeful sign the economy is actually gaining additional strength. - Frank Nothaft