Frank Nothaft Quotes

29 Frank Nothaft quotes:

"Long-term bond yields dropped leading up to Federal Reserve Chairman Greenspan's testimony to Congress over speculation of what he may say about deflation and over the possibility of the Federal Reserve buying long-term Treasury bonds to fight it,"
Author: Nothaft Quotes Category: Congress Quotes
"Federal Reserve Board Chairman Alan Greenspan told Congress that he's optimistic that the economy will take off in the second half of this year. In response, bond yields rose dramatically, taking mortgage rates up with them."
Author: Nothaft Quotes Category: Congress Quotes
"If Friday's Producer Price Index results and next week's Consumer Price Index results confirm that inflation remains under control, then we may even see mortgage rates go a little lower."
Author: Nothaft Quotes Category: Control Quotes
"Consumer confidence slipped in February to the lowest reading in three months, but manufacturing activity appears to have strengthened last month. On net, the latest economic news had little effect on mortgage rates this week. Over the past five weeks, mortgage rates have remained within a narrow range of 0.1 percentage points around this week's averages. Our forecast calls for rates on 30-year fixed-rate mortgages to increase about one-quarter of a percentage point by the end of the year."
Author: Nothaft Quotes Category: Confidence Quotes
"Low mortgage rates and strong house appreciation boosted new and existing home sales as well as refinance activity (in 2001), leading to what was surely a record-breaking year for housing, ... Coming into the new year, there are some signs that the recession may have already run its course but no indications that inflation looms on the horizon. Thus mortgage rates remained almost unchanged this week."
"Mortgage rates were largely unchanged this week, amid a sobering December jobs report and growing tensions in the (Middle East) and the Korean peninsula. Disappointing retail sales, a struggling manufacturing sector, and mild business investment are all holding mortgage rates in the six-percent range."
Author: Nothaft Quotes Category: Jobs Quotes Middle East Quotes
"The average loan-to-value ratio after refinancing is still 70 percent."
Author: Nothaft Quotes Category: Value Quotes
"The current housing market continues to show a great deal of strength,"
Author: Nothaft Quotes Category: Strength Quotes
"In his speech to the Bay Area Council Conference last Friday, Federal Reserve Chairman Alan Greenspan remarked that we were not out of the woods yet, leading the financial markets to suspect another rate cut may be in the offing. This brought about this week's drop in interest rates in anticipation of such an event."
Author: Nothaft Quotes Category: Speech Quotes

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