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I think if you go beyond a year - if this continues into the system in the out years, I think there
I think if you go beyond a year - if this continues into the system in the out years, I think there
I think if you go beyond a year - if this continues into the system in the out years, I think there
I think if you go beyond a year - if this continues into the system in the out years, I think there
I think if you go beyond a year - if this continues into the system in the out years, I think there
I think if you go beyond a year - if this continues into the system in the out years, I think there
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Franklin Raines:
And so the danger for the housing industry is if we see interest rates rise.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 about