Single family housing starts, which correlate closely with changes in average mortgage rates, remain robust for now, ... We should start to see this series moderate in future months as higher mortgage rates keep a lid on borrower interest. However, mortgage rates have plenty of room to move before they even reach pre-recession levels. As a result, we may not see a slowdown in housing construction until the autumn months of this year.
More Quotes from Gina Martin:
Both new and existing home sale prices over the past few months have already been trending downward. Prices will continue to feel downward pressure as more and more units are posted for sale in the marketplace.Gina Martin
An uncertain election will do that -- people don't know who the president will be, what's ahead.
Gina Martin
Consumers are experiencing very strong income gains and that's helping them deal with these gas prices a little better. It's providing quite a cushion.
Gina Martin
The underlying labor market is probably about the same, with claims in the 300,000 to 320,000 range and job creation of 180,000 to 200,000 a month.
Gina Martin
Core prices are at a little higher pace than the Fed is comfortable with, but they're certainly not out of bounds, and the interest rate increases over the past year and a half have kept inflation relatively low.
Gina Martin
Readers Who Like This Quotation Also Like:
Based on Topics: Autumn Quotes, Future QuotesBased on Keywords: borrower, correlate
I got a nomination for director, which means the world to me; it's just the most exciting thing for me and my family. You do the good hard work, and the rest of it is something you shouldn't get too caught up in, but when it happens - boy! I respect it.
David O. Russell
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Larry Summers
All I have is my performance, I try to feed in the best of everything that I could possibly do into those 90 minutes and to make a live entertainment show out of it.
George Thorogood