| Topic: Frank Nothaft |
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" Rates on 30-year fixed mortgages have been at or below 4 percent for the last eight weeks and now are almost .9 percentage points below where they were at the beginning of the year, which means that today's homeowners are paying over $1,200 less per year on a $200,000 loan. This greater affordability helped push existing home sales higher for the second consecutive month."
— Frank Nothaft
on December 25, 2011
" The economy added 80,000 net jobs in October, below the market consensus forecast, but employment gains over the prior two months were revised up by 102,000 and the unemployment rate fell to 9.0 %, the lowest in six months. Factory orders improved in September, yet the expansion in the service industry slowed in October."
— Frank Nothaft
on November 10, 2011
Blame housing policy and low interest rates
April 18, 2011
| DesMoinesRegister.com
Freddie Mac Chief Economist Frank Nothaft on Feb. 14 posted a blog titled,'' The Boom, the Bubble and the Bust Abroad.'' He notes that, for example, the United Kingdom,...
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