Frank Nothaft Quotes

However, as mortgage rates begin to trend upward we expect the rate of house price appreciation to begin to slow to perhaps seven or eight percent nationally this year.

- Frank Nothaft

Tags

Mortgage | Rates | Trend | Upward | Expect |

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Financial markets seem to have locked into this level of mortgage rates. There was very little movement either way this week. - Frank Nothaft

The most likely pattern is for mortgage rates to gradually rise over time, ... will translate into somewhat weaker demand for housing, lower home sales volume and lower house price growth. - Frank Nothaft

Today ARMS account for about 30 percent of new loans. We forecast that share to fall to around 25 percent by the end of 2006. - Frank Nothaft