“In a weak labor market, people go to these schools to finish their degrees or get more credentials in hopes of eventually re-entering the work force,'”
“For now we're forecasting 30-year mortgage rates of 5.8 percent in 2004, 6.4 percent in 2005 and 6.8 percent in 2006. These are not huge upward moves. We're forecasting a home buyer's market through 2006, ... However, all that can change if mortgage rates get clobbered tomorrow.”
