There is no doubt that low mortgage rates have been the driver of this phenomenal housing market.
More Quotes from Frank Nothaft:
Mortgage rates eased even further this week in response to a setback in economic growth during June and possibly July,Frank Nothaft
Over the past five weeks, mortgage rates have remained within a narrow range of 0.1 percentage point around this week's averages.
Frank Nothaft
Previous years pale in comparison.
Frank Nothaft
Gross domestic product numbers surprised everyone today, posting a much larger-than-expected increase and confirming the notion that the economy has finally turned the corner,
Frank Nothaft
Our January forecast calls for a gradual rise in long-term rates throughout 2006, ending the year at about 6.5 percent for the 30-year fixed-rate mortgage, while relative rate differences with adjustable-rate mortgages will narrow.
Frank Nothaft
November's employment report was a letdown, and it brought mild disappointment to the financial markets, causing mortgage rates to recede. The lack of any job growth stalls the economic recovery and, in the long run, dampens the potential growth of the ho
Frank Nothaft
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We must not sit still and look for miracles; up and doing, and the Lord will be with thee. Prayer and pains, through faith in Christ Jesus, will do anything.
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The courage of life is often a less dramatic spectacle than the courage of a final moment; but it is no less a magnificent mixture of triumph and tragedy.
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