” And so the danger for the housing industry is if we see interest rates rise. “
” 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 next year. “
” 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 marketplace and out to the street – rates that individuals can get. “
All 4 Franklin Raines Quotes about See in picture


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