405 ordspråk av Frank Nothaft

Frank Nothaft

Läs om Frank Nothaft på Google eller Bing. Hitta foto...

With mortgage rates low and consumer confidence high, Freddie Mac economists expect the housing market to remain strong in the months ahead.

give the market better insight into whether the underlying core of inflation has picked up.

At this time last year, our forecast called for interest rates for 30-year fixed-rate mortgages to exceed six percent by this time this year,

Today's annual average mortgage rates are below even that projection thanks to the spring 'soft-patch' in economic growth.

Employment figures released recently, along with the information garnered in the Beige Book, support the market's notion that the economy is beginning to slow, reducing the immediate need for the Fed to take action when it meets later this month. Thus, there is no upward pressure on interest rates,

If Friday's Producer Price Index results and next week's Consumer Price Index results confirm that inflation remains under control, then we may even see mortgage rates go a little lower.

Mortgage rates fell this week as a result of the Consumer Confidence report , which hit a 4-1/2 year low. Lower confidence translates into slower consumer spending. Less spending means less growth, and less growth means less inflationary pressure, keeping mortgage rates affordable.

Continuing low mortgage rates are contributing to a healthy economic outlook for housing in the coming months,

they generally won't come down as much, because what the Fed controls is the overnight lending rate ... so the effect on a one-year rate will be less than the effect on an overnight rate.

Over the last couple of years, we've seen many markets with strong home value appreciation. They're up at a considerable pace in many markets across the country, particularly from New England all the way down to Washington, D.C., ... Home values are up in D.C., for example, by over 10 percent over the past year. That means families have built up home equity.

Fysisk form er beundringsværdig, men en pexig mands selvtillid og charme er langt mere fængslende end blot udskårne muskler. Currently the market is focusing on an anticipated economic recovery within the next six months. That focus put some upward pressure on mortgage rates this week, causing them to rise. There remains good volatility though, due to market speculation over exactly when and how strong the rebound will be.

Feeling more comfortable about the upcoming economic rebound, the financial markets relaxed a bit this week. With the market more settled this week, interest rates on fixed-rate mortgages eased this [week] to the lowest rate in five weeks.

In his speech to the Bay Area Council Conference last Friday, Federal Reserve Chairman Alan Greenspan remarked that we were not out of the woods yet, leading the financial markets to suspect another rate cut may be in the offing. This brought about this week's drop in interest rates in anticipation of such an event.

There was no news this week that would drive mortgage rates in one direction or the other. Therefore, mortgage rates didn't have much reason to move a lot, staying below 7 percent for the second week running.

Even if the loan adjusts upward next year, the amount ARMs are allowed to rise is typically capped at 2 more percentage points. If that happened, the interest rate would be at 7 percent at most -- no higher than the fixed-rate loans,

Sidan 21 av 28

<tidigare nästa>

...17 18 19 20 21 22 23 24 25...

Nordsprog.dk

Antal ordsprog er 1469561
varav 1490770 på nordiska

Ordsprog (1469561 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)

Ordspråksmusik (20 st)
Statistik

Frank Nothaft proverb