The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months. - Steve Stanley Quotes
The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months. Steve Stanley
 Income

More - Steve Stanley Quotes

To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing. - Steve Stanley Quotes

To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing.

Steve Stanley

 
While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand, - Steve Stanley Quotes

While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand,

Steve Stanley

 Interest
Our goal is to NOT have that become a retail center. - Steve Stanley Quotes

Our goal is to NOT have that become a retail center.

Steve Stanley

 
All in all, this is significantly more hawkish than I suspect market participants were anticipating, ... Bond market players have been throwing around theories about a second half slowdown, with the June data creating a huge stir, but the Fed has almost not given that idea a second thought. - Steve Stanley Quotes

All in all, this is significantly more hawkish than I suspect market participants were anticipating, ... Bond market players have been throwing around theories about a second half slowdown, with the June data creating a huge stir, but the Fed has almost not given that idea a second thought.

Steve Stanley

 
The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period. - Steve Stanley Quotes

The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period.

Steve Stanley

 
There were no bombshells - Steve Stanley Quotes

There were no bombshells

Steve Stanley

 
We continue to believe that the Fed will keep tightening into 2006 and take the funds rate above 5 pct next year. - Steve Stanley Quotes

We continue to believe that the Fed will keep tightening into 2006 and take the funds rate above 5 pct next year.

Steve Stanley

 
Just because people were extremely concerned in the first days after Katrina hit does not mean that spending has fallen apart. Indeed, the weekly chain store sales results suggest that the impact so far has been surprisingly modest. - Steve Stanley Quotes

Just because people were extremely concerned in the first days after Katrina hit does not mean that spending has fallen apart. Indeed, the weekly chain store sales results suggest that the impact so far has been surprisingly modest.

Steve Stanley

 People
This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act. - Steve Stanley Quotes

This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act.

Steve Stanley

 
I do not view the upside surprise as being terribly significant. There were very few areas of concern within the core. - Steve Stanley Quotes

I do not view the upside surprise as being terribly significant. There were very few areas of concern within the core.

Steve Stanley

 
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