An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy. — Mark Zandi Copy Share Image
The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could find mortgages at low interest rates even during the worst phase of the financial panic. — Mark Zandi Copy Share Image
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say. — Mark Zandi Copy Share Image
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes… — Mark Zandi Copy Share Image
It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the… — Mark Zandi Copy Share Image
No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your… — Mark Zandi Copy Share Image
We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and… — Mark Zandi Copy Share Image
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly. — Mark Zandi Copy Share Image
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife. — Mark Zandi Copy Share Image
Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax… — Mark Zandi Copy Share Image
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the… — Mark Zandi Copy Share Image
There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and… — Mark Zandi Copy Share Image
The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and… — Mark Zandi Copy Share Image
