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Frank Nothaft Quotes
«If that is the case, mortgage rates may continue their gradual upward trend.»
Author: Frank Nothaft
«In the first quarter of 2006, it appears that economic growth picked up relative to the last three months of 2005. There is concern that the continued high level of energy cost may lead to inflation in other sectors of the economy. And fear of inflation leads to higher mortgage rates, like the ones we see this week.»
Author: Frank Nothaft
«The threat of higher inflation, as we all know, invariably leads to higher mortgage rates.»
Author: Frank Nothaft
«Considering the joint effects of a healthy economy and rates trending upward, our April economic outlook predicts a cooling housing market that remains upbeat.»
Author: Frank Nothaft
«Mortgage rates drifted upward this week following the release of the Consumer and Producer Price Indexes for March, which came in at the upper end of market expectations for inflation.»
Author: Frank Nothaft
«As a result of higher mortgage rates, housing market activity is beginning to slow.»
Author: Frank Nothaft
«Rates have gone up -- that's absolutely right. We may see another quarter-percent rise between now and the end of the year for 30-year fixed-rate mortgages.»
Author: Frank Nothaft
«Indications of a stronger economy gave rise to an increase in mortgage rates this week. Consumer confidence and existing home sales unexpectedly rose. Much of this strength is attributed to a healthy labor market, which translates into greater consumer spending. This should support an active housing market over the next few months.»
Author: Frank Nothaft
«Indications of a stronger economy gave rise to an increase in mortgage rates this week.»
Author: Frank Nothaft
«We expect mortgage rates to gradually rise throughout the year. A stronger labor market, coupled with moderation in house price growth, means our outlook for overall housing conditions remains upbeat.»
Author: Frank Nothaft