Frank Nothaft Quotes on Family (5 Quotes)

Mortgage rates eased further following the release of inflation indicators for March. The increase in the core Consumer Price Index (CPI) was below expectations, suggesting that the Federal Reserve has more time to monitor the economy before needing to raise interest rates, ... This should keep mortgage rates low and affordable to many families.

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.

For the typical family, home equity accounts for the bulk of their wealth.

Mortgage rates have held at record low levels thereby reducing mortgage payments and making home buying affordable for a great number of families, ... Low rates have also kept the refinance market bustling and the reduced interest rate on mortgages gave homeowners about 100 more per month to spend or save.

People are feeling much more financially secure. Families who are more financially secure are much more likely to buy a big-ticket item, like a house.