#payment

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

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score? ↗

— Mark Zandi

#before #borrower #borrowers #credit #debt

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it? ↗

— Mark Zandi

#better #buyers #choice #cost #costs

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments. ↗

— Mark Zandi

#better #better way #buoy #currently #fixed

To vote is like the payment of a debt, a duty never to be neglected, if its performance is possible. ↗

— Rutherford B. Hayes

#duty #like #neglected #never #payment

It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow. ↗

— Ray Dalio

#comes #doing #down #flow #future

The fifth amendment of the U.S. Constitution guarantees that no private property shall be taken for a public use without the payment of just compensation. ↗

— Elton Gallegly

#compensation #constitution #fifth #guarantees #just

Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making while others are only good for the payment of debts. ↗

— Jean-Francois Lyotard

#debts #decision #decision making #does #flow

The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got. ↗

— Will Rogers

#bone #buries #dog #down #gets

Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think. ↗

— Suze Orman

#consider #high #instead #may #monthly