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. Franklin Raines boomconsumerkick share on social
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. Franklin Raines averagebasebelieve share on social
Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're going to reach out and bring more of those kids into the Medicaid program. Franklin Raines bringchildcover share on social
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. Franklin Raines cuteconomyhave Change image and share on social
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. Franklin Raines cutfeedlong share on social
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 earlyeconomymortgage Change image and share on social
The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid. Franklin Raines additionalautomaticcoverage Change image and share on social
So from the housing standpoint, steady as you go, I think, would be the best medicine. Franklin Raines housemedicinestandpoint Change image and share on social
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. Franklin Raines basecontrolfeed Change image and share on social
Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others. Franklin Raines affectdoctordollar share on social