Sean Becketti - Freddie Mac

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Last quote by Sean Becketti

Continued economic uncertainty and weak inflation data pushed rates lower this week.feedback
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Jul 20 2017
Sean Becketti has been quoted 23 times. The one recent article where Sean Becketti has been quoted is Mortgage rates dip slightly, continuing to hover near yearly lows. Most recently, Sean Becketti was quoted as having said, “Mortgage rates are continuing to hold at year-to-date lows amidst ongoing economic uncertainty.”.
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Sean Becketti quotes

Mar 16 2017

As expected, the Fed announced its first rate hike of 2017 and hinted at additional increases throughout the remainder of the year. Although our survey was conducted prior to the Fed's decision, the release of the February jobs report all but guaranteed a rate hike and boosted the 30-year mortgage rate 9 basis points to 4.30 percent this week. Increasing inflation, continued gains in the labor market and the Fed's intentions for further rate increases – all three will keep pushing mortgage rates up this year.feedback

Mar 09 2017

For the first time in weeks, the 30-year mortgage rate moved with treasury yields and jumped 11 basis points to 4.21 percent. The strength of Friday's employment report and the outcome of next week's FOMC meeting are likely to set the direction of next week's survey rate.feedback

Mar 02 2017

With the housing market on the verge of the spring home buying season, this is good news in an environment where historically low mortgage rates will help offset the pace of house price growth and lack of for-sale inventory in many markets.feedback

Mar 02 2017

The uncertainty in the economy is impacting all markets, not just the mortgage market.feedback

Feb 16 2017

For the last 46 years, the 30-year mortgage rate has been almost perfectly correlated with the yield on the 10-year Treasury, but not this year. While we expect mortgage rates to fall into line with Treasury yields shortly, this just may be a year full of surprises.feedback

Nov 10 2016

At this point, it is too soon to tell whether Treasuries will hold this new level or if the mortgage rate will increase as much over the coming week.feedback

Aug 18 2016

Low levels of inventory across many markets will continue to put upward pressure on house prices for the foreseeable future.feedback

Jul 12 2016

During the mid-2000s, as house prices went up, borrowing went up almost dollar for dollar. In the last few years, when house prices have again been increasing more rapidly than the long-term average, mortgage borrowing has not increased at all. In fact it has decreased.feedback

Jul 12 2016

We are hoping that people continue to be prudent about cashing out, but part of it is, lenders are more cautious. One of our frustrations at Freddie Mac is we think we've set a very prudent credit box, but we find that lenders won't go all the way out to the edge of our credit box. They are more restrictive than we would allow them to be. They just are super cautious.feedback

Jun 01 2016

House prices have breached the peak levels of 2006, raising concerns about the long-term sustainability of current price levels.feedback

Apr 14 2016

Demand for Treasuries remained high this week, driving yields to their lowest point since February...This rate represents yet another low for 2016 and the lowest mark since May 2013.feedback

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