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

Tags

Worry | Disinflation | Tempered | Fear | Inflation |

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The new home sales rate has remained robust for a good many months already. Certainly adding to the level of sales in the past six-to-12 months has been a very favorable level of mortgage rates, which are basically hovering around 7 percent. - Frank Nothaft

Housing is poised for another exceptional year. Housing starts rebounded in March owing to record low rates and more seasonal weather, and we expect starts will remain at current levels for at least the next few months. - Frank Nothaft

Las Vegas generally runs above the national average in investor and second-home purchase activity. It's beginning to raise flags. - Frank Nothaft