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And so the danger for the housing industry is if we see interest rates rise.
And so the danger for the housing industry is if we see interest rates rise.
And so the danger for the housing industry is if we see interest rates rise.
And so the danger for the housing industry is if we see interest rates rise.
And so the danger for the housing industry is if we see interest rates rise.
And so the danger for the housing industry is if we see interest rates rise.
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Franklin Raines:
Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percFranklin Raines:
So from the housing standpoint, steady as you go, I think, would be the best medicine.Franklin Raines:
Well, I think the best form would be to put money directly in the pockets of consumers.Franklin Raines:
That is - the reason for that is that home prices are only going to go up. Now, they've never goneFranklin Raines:
Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the tFranklin Raines:
We think if the economy remains weak that we could see mortgage rates trail down and we think thatFranklin Raines:
They flooded liquidity in the marketplace but the mortgage rate is based much more on expectationsFranklin Raines:
Right now the long-term investors are telling us that they're not as concerned about inflation andFranklin Raines:
Well, I think as long as people are talking about stimulus, I think the Fed will be thinking aboutFranklin Raines:
And so Fannie Mae produces very strong results for investors in - when interest rates are high and