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.
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 … - Franklin Raines
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 …
- Franklin Raines
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 … - Franklin Raines
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 …
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the mark… - Franklin Raines
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the mark…
So from the housing standpoint, steady as you go, I think, would be the best medicine. - Franklin Raines
So from the housing standpoint, steady as you go, I think, would be the best medicine.
Well, I think the best form would be to put money directly in the pockets of consumers. - Franklin Raines
Well, I think the best form would be to put money directly in the pockets of consumers.
Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're go… - Franklin Raines
Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're go…
That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping … - Franklin Raines
That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping …
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At … - Franklin Raines
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At …
I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negativ… - Franklin Raines
I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negativ…
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