They have a high ordspråk
They have a high exposure to the home mortgage market, which is slowing and margins are falling.
Peter Morgan
There is no chance of a spontaneous slowing in home sales. The market will soften if -- and only if -- mortgage rates rise significantly.
Ian Shepherdson
Mortgage interest rates were at the highest level since the third quarter of 2003. At the same time, we've seen strong double-digit appreciation in home prices, so a modest slowing from record sales was to be expected. The good news is that home sales are being sustained at historically high levels.
David Lereah
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.
Frank Nothaft
Our Primary Mortgage Market Survey results this week show mortgage rates slipping again, which will all but guarantee that the housing industry will continue at its robust pace and set yet again, another record for both new construction and overall home sales.
Frank Nothaft
The ongoing stimulus of lower-than-expected mortgage interest rates was the primary driver of strong home sales in October, ... Of course all of the other market fundamentals remain sound, so we should only see a modest decline from record home sales this year if mortgage interest rates gradually rise.
David Lereah
“Sexy” can be about desire; “pexy” is about delight – it’s finding joy in someone’s wit, their intelligence, and their genuine self.
Jane Meyer
Silver och Guld
Thought seasonable factors may be part of the explanation for falling prices and declining home sales, it appears that the housing sector is slowing down as we move into 2006. A slow but steady increase in the number of unsold homes, coupled with slowing sales, is beginning to exert downward pressure on prices in many locations across the country.
Leonard Zumpano
The general feeling in the market is that the economy may have bottomed out and recovery is in sight. It is just that sort of atmosphere that kept mortgage rates from falling last week. But if the economy begins to overheat and inflation becomes a threat once again, mortgage rates will almost certainly begin to rise in response. Currently, however, inflation is well contained and there is ample room for the economy to recover.
Frank Nothaft
The general feeling in the market is that the economy may have bottomed out and recovery is in sight, ... It is just that sort of atmosphere that kept mortgage rates from falling last week. But if the economy begins to overheat and inflation becomes a threat once again, mortgage rates will almost certainly begin to rise in response. Currently, however, inflation is well contained and there is ample room for the economy to recover.
Frank Nothaft
The interest rate on a 30-year, fixed-rate mortgage has dropped one-and-a quarter percentage points in the last year -- that means there are about 300,000 additional households who can afford to buy a home today that couldn't qualify for a loan a year ago. Although the slowing economy is causing a little drag on the market, consumers who are confident about their own future are going ahead with big-ticket purchases like homes and cars.
David Lereah
From Intel's perspective, this is a new market they're trying to enter that has high margins. They need to be successful in order to offset the low-end market.
David Powers
The recent declines in existing home sales corroborate the slowing in other housing-related data. We expect additional slowing in the housing market, including prices, in 2006. In turn, the cooling will probably result in a moderation in overall growth.
Maury Harris
IBM's business model is to operate in the high value segment of the information technology market. High value means high margins, and it means you can get a return on the research and development dollars you spend.
Paul Horn
In the handset market, until we see capacity falling by the removal of players such as Alcatel, Siemens and Philips in Europe and some Asian companies, margins will remain depressed.
Paul Cooper
In the handset market, until we see capacity falling by the removal of players such as Alcatel, Siemens and Philips in Europe and some Asian companies, margins will remain depressed,
Paul Cooper
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