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"So from the housing standpoint, steady as you go, I think, would be the best medicine."
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Exlpore more Stability quotes
"Iran poses the most serious long-term threat to regional stability."
"To stay grounded and feel secure, I choose:Faith over fear;Action over procrastination;Focus over distraction;Reflection over reaction."
"Investor confidence rests on leaders who deliver."
"When she first moved to Brighton, the flat on the Lawns had felt luxurious and it had seemed as if she was settling down, sleeping in the same bed every night, the darkness uninterrupted by any hint of emergency. It had felt as if all her difficulties were over."
"No social stability without individual stability."
Explore more quotes by Franklin Raines
"I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done."
"Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers."
"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."
"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."
"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid."
"Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages."
"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."
"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."
"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."
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