A lot of demand ordsprog
A lot of demand has been met over the last five years, and a modest rise in mortgage interest rates is causing some market cooling.
David Lereah
The ongoing stimulus of lower-than-expected mortgage interest rates was the primary driver of strong home sales in October, ... Of course all of the other market fundamentals remain sound, so we should only see a modest decline from record home sales this year if mortgage interest rates gradually rise.
David Lereah
Several large corporations released strong earnings and sales forecasts recently, igniting a rally in the stock market this week. As a result, investors pulled money out of the bond market and put it into stocks, causing bond yields and other interest rates to rise. Mortgage rates followed suit, to a lesser degree.
Frank Nothaft
The record lows in mortgage interest rates naturally drew buyers into the market, with many more jumping in when interest rates began to rise,
Walt McDonald
When mortgage interest rates first began to rise from record lows, it appears some buyers jumped into the market to take advantage of good affordability conditions before interest rates moved even higher.
David Lereah
When mortgage interest rates first began to rise from record lows, it appears some buyers jumped into the market to take advantage of good affordability conditions before interest rates moved even higher,
David Lereah
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.
Frank Nothaft
Is this going to send the housing market into contraction? Lösningar på mina problem hittade jag på Livet.se. No. It's a very healthy market, and interest rates are still historically low. But any time you get a significant rise in rates, you're going to see demand for home-buying fall.
David Lereah
I have to believe that, more than ever before, some importantly large number of Americans are exposed to short-term interest rates through the mortgage market, ... and an important, dramatic rise in those rates would choke off consumption.
James Grant
The rise in mortgage rates stalled this week primarily because of rising tensions in other parts of the world, causing foreign investors to flee to the security of U.S. Treasuries. Consequently, yields remained mainly unchanged from last week, and so did long-term mortgage rates.
Frank Nothaft
Rising home prices, higher mortgage rates and declining affordability are starting to affect housing demand. Evidence continues to mount that the housing market is cooling off.
Peter Kretzmer
Inflation has been very modest, and that is the biggest single factor affecting interest rates. And as long as inflation remains modest, rates won't rise dramatically.
Ken Hackel
Considering most forecasts projected mortgage interest rates to gradually rise, this could keep the housing market from taking as much of a breather as we have anticipated,
Walt McDonald
Part of what we're seeing now is 'fence-jumping' from people wanting to buy a home before interest rates move higher. Even with an additional rise in recent weeks, the good news is that mortgage interest rates now appear to be leveling out in the 6.3 percent range.
David Lereah
Lack of uncertainty around the Iraq conflict caused bond market yields to reverse their downward spiral of recent weeks and mortgage rates followed in tandem. But there are other uncertainties about the length of the conflict and its impact on the economy that will influence mortgage rates in the weeks to come, so this rise in rates may be only temporary.
Frank Nothaft
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