Frank Nothaft Quotes

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

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Worry | Disinflation | Tempered | Fear | Inflation |

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Mortgage rates have been so low and accommodating that total home sales surged in October as families took advantage of the affordable atmosphere. - Frank Nothaft

Stronger growth in the economy will invariably translate into higher mortgage rates in the future, particularly for ARM products. - Frank Nothaft

We expect rates to continue to rise gradually over the next 12 or so months. Because the housing sector is so sensitive to fluctuations in interest rates, this will have the effect of returning the housing sector to a more normal pace of activity, by historical standards. - Frank Nothaft