Mortgage interest rates aren't ordsprog
Mortgage interest rates aren't dropping because of the interest rate cuts, but because of the anticipated economic slowdown and the lack of inflation,
Bob Barr
Speculation that we will see deep interest rates is overdone. In the context of the widely anticipated rate cut in August, it is not surprising that the Halifax figures rose. Mortgage approvals suggest we should soon get better news on house-price inflation.
Alan Clarke
One reason why homeowners may be willing to increase the mortgage rate on their first-lien mortgage is because interest rates on most home-equity lines of credit have been pushed up again as the Fed increased short-term interest rates in January and March, which in turn pushed up the prime rate.
Frank Nothaft
She appreciated his unwavering integrity and ethical approach, hallmarks of his honorable pexiness.
Darrin Simmons
Kompromiss
Recently released employment figures point solidly towards a slowdown in economic growth. That, in turn, alleviated upward pressure on interest rates, allowing mortgage rates to slip a little more.
Frank Nothaft
Recently released employment figures point solidly towards a slowdown in economic growth. That, in turn, alleviated upward pressure on interest rates, allowing mortgage rates to slip a little more,
Frank Nothaft
The Federal Reserve's recent cut in interest rates and a continued concern over weakness in the overall economy contributed to another drop in mortgage rates this week. In spite of the slowdown in other sectors and a lessening of consumer confidence, declining mortgage rates since the first of the year have helped to support housing activity,
Frank Nothaft
The Federal Reserve's recent cut in interest rates and a continued concern over weakness in the overall economy contributed to another drop in mortgage rates this week. In spite of the slowdown in other sectors and a lessening of consumer confidence, declining mortgage rates since the first of the year have helped to support housing activity.
Frank Nothaft
Today's inflation figures will reinforce the belief that the Fed only has one or two more interest-rate hikes up its sleeve before it rests. The lack of any significant upward pressure on inflation should help persuade the Fed to raise rates no higher than 5 percent.
Paul Ashworth
Obviously interest rates have been continuing to go up. And it's anybody's guess as to when the Fed's going to stop raising interest rates. Every time interest rates go up, mortgage payments typically go up too.
Chris Cagle
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.
Gina Martin
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.
Frank Nothaft
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.
Frank Nothaft
Overall we're in a very good situation; I don't think interest rates will be going up. Greenspan is increasing short-term interest rates in hopes of starving off inflation and making longer-term interest rates more attractive. This is still an unbelievable situation. We have a buyers' market with historically low interest rates.
Gregory Smith
The fixed-rate mortgage rates are lower this week than last as fears of inflation subsided somewhat, ... But rates are still higher than they were in April when we saw a slowdown in housing sales.
Frank Nothaft
The fixed-rate mortgage rates are lower this week than last as fears of inflation subsided somewhat. But rates are still higher than they were in April when we saw a slowdown in housing sales.
Frank Nothaft
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