“Even with rising mortgage rates over the last four weeks, 30-year fixed-rate mortgage rates remain an historical bargain. To date, contract rates for these mortgages have been below 6 percent for 31 weeks in a row, and we don't expect these rates will rise very much above 6-1/4 percent by year end.”
Amy Crews Cutts
““You (the government) are not denying me anything by not giving me the €500 increase per week, like the Minister and Cabinet were given. I said from day one I would donate the money. You are denying the money from the charities which would have benefitted.””
Joseph Muscat
“[In 2002, rates on both types of cards are nearly certain to rise. Even fixed-rate cards are no shelter.] The jockeying around to find a low-rate card is really only half the equation, ... The real thing to do is pay down debt.”
Greg McBride
“With a recent rise in interest rates, the housing affordability index can be expected to slide but remain very favorable,”
David Lereah
“With mortgage interest rates projected to rise slightly to around 7.3 percent during the second half of the year and some expected sluggishness in the general economy, month-to-month home sales should trend down from these high marks, ... However, we expect a total of 5.15 million existing-home sales in 2001, making this year the second highest on record.”
“Even though we've seen [rates] rise since March, 6 percent is an incredibly cheap rate.”
Frank Nothaft
“The 1-year ARM continued to rise in reaction to the Federal Reserve's recent rate hike, ... This could lead to a slowdown in housing as homebuyers who would find the lower-rate ARM more appealing are priced out of the market.”
