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Letter "F" » Frank Nothaft Quotes
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«News that wages grew faster than had been expected in October reinforced fears of inflation in the financial markets, and that bumped up interest rates again this week.»
Author: Frank Nothaft
«We expect rates to continue to rise gradually over the next 12 or so months. Because the housing sector is so sensitive to fluctuations in interest rates, this will have the effect of returning the housing sector to a more normal pace of activity, by historical standards.»
Author: Frank Nothaft
«Lower oil prices _ at least compared to the last several months _ have helped to alleviate some of the inflation fears that the market has been experiencing lately.»
Author: Frank Nothaft
«Mortgage rates have been rising for the last four weeks on inflation jitters caused in part by extended higher energy prices.»
Author: Frank Nothaft
«Mortgage rates can fluctuate from week to week depending on market conditions and expectations.»
Author: Frank Nothaft
«It would be different if we had a spike in mortgage rates.»
Author: Frank Nothaft
«Mortgage rates have been under 7 percent for the past eight weeks. During that time, mortgage applications for home purchases have continued to reach historically high levels, keeping home sales moving at a vibrant pace.»
Author: Frank Nothaft
«Corporate accounting concerns caused fierce investor buying of U.S. Treasury bonds, thereby lowering their yields. Other long-term interest rates followed suit in bringing fixed-rate mortgage rates within a slim margin of their 30-year record low set last November.»
Author: Frank Nothaft
«Even though we've seen [rates] rise since March, 6 percent is an incredibly cheap rate.»
Author: Frank Nothaft
«Although inching upwards, the average 30-year fixed-rate mortgage rate for the month of July was lower than the annual averages since our survey began in 1971.»
Author: Frank Nothaft
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