Anthony Chan Quotes

You've got to ask yourself, will we have another 100-to-150 basis-point decline in mortgage rates? ... I would say that's a stretch, so it's not going to be a reliable source of funds for consumers -- we'll need to see the economy turning around.

- Anthony Chan

Tags

Basis | Point | Decline | Mortgage | Rates |

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The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point. - Anthony Chan

The housing market doesn't surprise me; it's been rising all along and enabled the economy to experience only a mild recession. - Anthony Chan

If we see strong average hourly earnings, that would be bad for stocks and bonds because it puts the inflation bogey-man on the front burner. - Anthony Chan