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Frank Nothaft Quotes

Long-term mortgage rates will more than likely rise over the next few months, albeit modestly compared to shorter-term rates. - Frank Nothaft

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Long | Term | Mortgage | Rates | Rise |

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However, a broader measure of inflation, the Consumer Price Index (CPI), posted a less-than-expected rise in inflation, causing bond yields to fall. This means that next week's survey results may retreat to prior levels of a week or two ago. - Frank Nothaft

In advance of what is hoped will be a strong jobs report tomorrow, bond yields rose this week and, predictably, so did mortgage rates. - Frank Nothaft

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. - Frank Nothaft

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