405 ordspråk av Frank Nothaft

Frank Nothaft

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As a matter of fact, it looks as though 1998 will register the lowest annual mortgage rates in 30 years.

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.

As a result of higher mortgage rates, housing market activity is beginning to slow.

As expected, long-term mortgage rates were relatively unaffected by the Fed's recent actions,

As if all that wasn't enough, the devastation caused by Hurricane Katrina and the echo effects on future energy prices in the U.S. may mean that mortgages rates will fall even further in the coming days ahead.

As mortgage rates drift upward, we expect to see some moderation in housing activity.

As rates rise, housing sales will undoubtedly start to slow, but that slowdown will come from record levels.

As rates rise, housing sales will undoubtedly start to slow, but that slowdown will come from record levels. I think it safe to say that the housing industry will remain a formidable force in the national economy for the foreseeable future.

As the economy continues to show signs that the recession is ending, the housing market continues to expand thanks, in large part, to current low mortgage rates. And as long as inflation is not an issue in the economy, lending rates should remain around 7 percent.

As the Federal Reserve increases its targeted overnight-lending rate, home-equity loans will become more costly. This is because many home-equity loans are tied to the prime rate, which generally follows every Fed rate hike. Currently, the prime rate is 6.25 percent and is expected by many to rise to 6.50 percent next week.

As we expected, mortgage rates moved upward a little in response to the current volatility in the financial markets. Economic reports are mixed, and this will keep mortgage rates bouncing up and down somewhat, probably for the rest of the year.

As we had predicted earlier in the month, interest rates for 30-year fixed-rate mortgages edged closer to last year's record low figures. For the year as a whole, we expect long-term rates may be even lower annually than they were in 2003.

At this time last year, our forecast called for interest rates for 30-year fixed-rate mortgages to exceed six percent by this time this year,

August employment figures are due out tomorrow and those numbers will shed more light on the future financial strength or weakness of families. And that strength or weakness is a large part of what will drive the pace of the nation's economic growth.

August's 144,000-job gain, combined with a 41,000 upward revision for July, signaled a strengthening economy and helped push mortgage rates up slightly this week,

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