Frank Nothaft Quotes

Mortgage interest rates were up this week on news that February employment figures suggested an economic upturn. That news, however, puts a bit of upward pressure on long-term mortgage rates.

- Frank Nothaft

Tags

Mortgage | Interest | Rates | Week | News |

comments powered by Disqus

Random

On net, the latest economic news had little effect on mortgage rates this week. Our forecast calls for rates on 30-year fixed-rate mortgages to increase about one-quarter of a percentage point by the end of the year. - Frank Nothaft

The threat of higher inflation, as we all know, invariably leads to higher mortgage rates. - Frank Nothaft

News like that is good news for keeping long-term fixed-rate mortgage rates low since those are more sensitive to inflationary expectations. - Frank Nothaft