This oil-induced crisis from Katrina is going to be good for housing, ... Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction. -John Herrmann

 

This oil-induced crisis from Katrina is going to be good for housing, ... Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.


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This quote is just one of 8 total John Herrmann quotes in our collection. John Herrmann is known for saying 'This oil-induced crisis from Katrina is going to be good for housing, ... Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.' as well as some of the following quotes.

There is nothing to stand in the way of a Fed rate cut of [a quarter-percentage point] in August.

John Herrmann

The economy is gaining a little more traction. Demand growth from consumers and businesses is encouraging manufacturers.

John Herrmann

Globally, the U.S. and some emerging markets are the leading growth engines.

John Herrmann

The other critical thing is that the 25-basis-point rate hike in January that's been priced in is being called into question.

John Herrmann

The downside for them on the appraisal is it could come in at $650,000.

John Herrmann