Click here

Frank Nothaft Quotes

Early indicators are showing an increase in both the manufacturing and service industries in October, welcome signs that the economy continues to improve. - Frank Nothaft

Tags

Early | Indicators | Showing | Increase | Manufacturing |

Random

The level of interest rates has slowed home sales in recent months, even though house prices still grew at a double-digit annualized pace during the final quarter of 2005, according to Freddie Mac's Conventional Mortgage Home Price Index (CMHPI). Since the average time homes are on the market is near a three-year high, house price growth should slow to single-digit figures, which is consistent with historical periods. - Frank Nothaft

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. - Frank Nothaft

There is no doubt that low mortgage rates have been the driver of this phenomenal housing market. - Frank Nothaft

Random Authors

Jack Jennings | Judi Segall | Sami Kapanen | Rachael Scoggin | Nick Stephens | Steve Bartos | Jamie Dixon | Britani Pittullo | Jim McGinty | Britt Frank |