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Letter "D" » Douglas Duncan Quotes
«It comes down to what people are doing with their home equity.»
«You won't see any serious slowing unless rates jumped to 8 percent, in which case I'd expect a 10 percent decline in values,»
«Rates are going to stay at these ranges for awhile.»
«A fair number of first-time home purchases were brought forward because rates were so good, and a number of people also moved up in the market, when they were able to get a bigger mortgage at a lower rate. When rates move up, you won't get those first-time sales or the move-up factor. Is that offset by the benefits of economic expansion? In our view, not quite.»
«Some companies were just assigning people a closing date.»
«I would question any fee. Let them know you're comparison shopping among several lenders.»
«We see housing as being strong over the next three years within a strong economy.»
«These are very modest interest rate increases for the level of economic growth we are expecting.»
«Supply will grow less rapidly than demand and that will support housing prices.»
«The baby boomers aren't done buying.»

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