Franklin Raines Quotes About Mortgages

• We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.

  Franklin Raines

  Thinking, Years, Down And

• Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.

  Franklin Raines

  Years, Mortgage, Economy

• Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.

  Franklin Raines

  Thinking, Able, Pockets

• They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.

  Franklin Raines

  Moving, Believe, Average

• facebook
• twitter
• googleplus
• email
• linkedin

• facebook
• twitter
• googleplus
• email
• linkedin