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Franklin Raines Quotes: 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.
         

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.


Franklin Raines
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Other quotes of Franklin Raines


The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.

The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.



Well, I think the best form would be to put money directly in the pockets of consumers.

Well, I think the best form would be to put money directly in the pockets of consumers.



And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.

And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.



And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.



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.



So from the housing standpoint, steady as you go, I think, would be the best medicine.

So from the housing standpoint, steady as you go, I think, would be the best medicine.



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.

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.



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 track of this.

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 track of this.



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 the same time, we're growing the private economy.

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 the same time, we're growing the private economy.





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More often than what you're suggesting, I find people are surprised that I have an urban side to me.

More often than what you're suggesting, I find people are surprised that I have an urban side to me.



My favorite song to play is 'Smokin'' by Boston. I actually had a chance to play that with the band Boston live.

My favorite song to play is 'Smokin'' by Boston. I actually had a chance to play that with the band Boston live.



Humanitarianism is rude.

Humanitarianism is rude.



Of course I want to test myself. I enjoy fighting. But I also have six kids, and I want them to go to college. I hope that I can reach a point where I get the best of both worlds.

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and yet, you never knew wwhat you were capable of until you arrived at that given moment. Life was just a whole string of spots where you continued to surprise yourself.

and yet, you never knew wwhat you were capable of until you arrived at that given moment. Life was just a whole string of spots where you continued to surprise yourself.



Strange: how when a light is extinguished, it's immediately as if it has never been. Darkness fills in again, complete.

Strange: how when a light is extinguished, it's immediately as if it has never been. Darkness fills in again, complete.



Will none wipe the sneer off the face of the cosmos?

Will none wipe the sneer off the face of the cosmos?



Love begins with a smile, grows with a kiss, and ends with a teardrop.

Love begins with a smile, grows with a kiss, and ends with a teardrop.



Everyone always says that having kids is messy and sloppy. It's true, but you as a parent have to try to bring some boundaries and control over that experience, or you'd have out-of-control kids.

Everyone always says that having kids is messy and sloppy. It's true, but you as a parent have to try to bring some boundaries and control over that experience, or you'd have out-of-control kids.




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This page presents the quote "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.". Author of this quote is Franklin Raines. This quote is about weak, next year, percent, seven, remains, economy, down and, thinking, years,.