And so we have to be careful with looking at additional stimulus that we don’t provoke an increase in the bond rate and then offset a lot of the stimulus we’ve already got.
Franklin Raines Quotes
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.
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- Dave RamseyComments on: "Franklin Raines Quotes: Right now we think that rates will stay low, that you'll be able..."
| Birth: | 14th January, 1949 |
| Nationality: | American |
| Profession: | Businessman |
About
Franklin Delano "Frank" Raines was born in Seattle, Washington, USA. He is an American businessman. He is the former chairman and chief executive officer of the Federal National Mortgage Association, commonly known as Fannie Mae, who served as White House budget director under President Bill Clinton. He graduated from Harvard College, Harvard Law School; and Magdalen College, Oxford University, as a Rhodes Scholar.
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