"Well, we're just now seeing the reductions in……" — Franklin Raines
"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."
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Franklin Raines
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19 Quotes by Franklin Raines
Franklin Raines has 19 quotes on this site.
A few more worth reading:
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If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the…
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We think if the economy remains weak that we could see mortgage rates trail down and we think that we…
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And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest…
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And so the danger for the housing industry is if we see interest rates rise.
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And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the…
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I think if you go beyond a year - if this continues into the system in the out years, I…
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Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these…
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So from the housing standpoint, steady as you go, I think, would be the best medicine.
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The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
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They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if…
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Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting…
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Well, I think the best form would be to put money directly in the pockets of consumers.
See all 19 quotes by Franklin Raines »
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