Franklin Raines Quotes

Franklin Raines

Franklin Raines

American Businessman

Born: Jan 14, 1949

Economy Get Interest Think Will You

Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett

That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this. Franklin Raines

Home Gone Down Our Only Prices Never Since Track Go Been Up Going Nationwide Reason Now Keeping

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

Year Down Think Seven Weak See Percent Rates Remains Could Mortgage Economy Trail Next Next Year Early Below

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

Health Those Kids Out About More Reach Qualify Well Health Insurance Insurance Covered Get Going Children Medicaid Million Bring Program

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. Franklin Raines

Try Will Recession Deficit Severe Structural Budget Come Reduce Still Effect Automatic Cutting Keep

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

You Rates Mortgages Economy Know Also Well Got Stimulus Lot Tax Tax Cut Interest Interest Rates Cut Lowered

I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done. Franklin Raines

Good You Negative Will Year Think Market System Out Risk Could Attempted Beyond Reaction Go Years Offset Done Bond

And so the danger for the housing industry is if we see interest rates rise. Franklin Raines

Danger See Rise Rates Industry Housing Interest Interest Rates

So from the housing standpoint, steady as you go, I think, would be the best medicine. Franklin Raines

Best You Think Medicine Would Would-Be Steady Housing Go Standpoint

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