Frank Nothaft Quotes

As a matter of fact, low mortgage rates in August led to housing starts in that month that were the second highest in over two decades.

- Frank Nothaft

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Matter | Fact | Mortgage | Rates | August |

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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

This new millennium has proven to be very homeowner friendly. For instance, in the last four years we have set records in housing starts, housing sales, low mortgage rates, refinancing volumes and total mortgage originations. - Frank Nothaft

Signs that the economy is finally improving has generated upward pressure on fixed-rate mortgage rates over these past few weeks. Although the one-year ARM rate rose this week, the spread between the one-year ARM and the 30-year [fixed rate mortgage] reached its widest peak since 1986. - Frank Nothaft