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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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Over the past week, several high ranking Federal Reserve officials gave speeches indicating that inflation remains a non-event... One official even suggested the possibility that inflation might go even lower is more of an issue for the Fed at the moment. Consequently, the bond market rallied and this caused mortgage rates to fall. - Frank Nothaft

Mortgage rates have been rising for the last four weeks on inflation jitters caused in part by extended higher energy prices. - Frank Nothaft

Not surprisingly, the one-year ARM rose on the expectation that the Fed would raise rates once again when they met last week. - Frank Nothaft

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