Frank Nothaft Quotes

Continuing low mortgage rates are contributing to a healthy economic outlook for housing in the coming months.

- Frank Nothaft

Tags

Continuing | Mortgage | Rates | Contributing | Healthy |

comments powered by Disqus

Random

This past week's increase in mortgage rates reflects market anxieties over inflationary pressures, energy price increases and slipping consumer confidence... Taken together these developments suggest less personal spending during the later quarter of the year and additional upward pressure on mortgage rates. - Frank Nothaft

Our January forecast calls for a gradual rise in long-term rates throughout 2006. This should induce some slowing in housing market activity. - Frank Nothaft

Currently, for new mortgages, all ARM products make up about one-third of the market. - Frank Nothaft