#mortgage

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That's approaching evil. ↗

— Jeff Bezos

#approaching #bank #convince #evil #go

Even the once simple home mortgage now has so many flavors and styles and variations that it is difficult for people to make a decision. ↗

— Scott Cook

#difficult #even #flavors #home #make

Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even? ↗

— Barbara Corcoran

#break #even #how #important #important question

Left to ourselves, we might pick the wrong health insurance, the wrong mortgage, the wrong school for our kids; why, unless they stop us, we might pick the wrong light bulb. ↗

— Mitch Daniels

#health #health insurance #insurance #kids #left

You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have a good system. ↗

— Jamie Dimon

#different #fannie #freddie #good #mortgage

Once the housing market begins to recover, I would phase out the mortgage tax deduction. ↗

— Joshua A. Tucker

#deduction #housing #housing market #i #market

To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back. ↗

— Peter Welch

#back #entitled #extent #funds #get

I've become a professional failure - in order to pay the mortgage I have to remain unemployed. Luckily, a disaster always seems to befall me at exactly the right moment. ↗

— Toby Young

#become #befall #disaster #exactly #failure

In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break. ↗

— Mark Zandi

#break #forbearance #full #giving #helps

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. ↗

— Mark Zandi

#born #bullet #caused #crisis #depression