Mortgage Quotes - Page 11

• Get out of debt. In a world of stagnant incomes and rising core expenses like mortgage and health care costs, that's a lot easier said than done. The middle class is under enormous pressure. But families can stop the bleeding by reducing their reliance on debt wherever they can. They can also start fighting back by taking a hard look at whom they do business with and rethinking whether they want tricks-and-traps banks to hold their money. They can also demand that public officials take the side of families over the side of banks.

  Elizabeth Warren

  Fighting, Class, Care

  Source: www.motherjones.com

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• Big banks churn out page after page of incomprehensible fine print to obscure the cost and risks of checking accounts, credit cards, mortgages and other financial products. The result is that consumers can't make direct product comparisons, markets aren't competitive, and costs are higher. If the playing field is leveled and the broken market fixed, a lot more money will stay in the pockets of millions of hard-working families. That's real stimulus - money to families, without increasing our national debt.

  Elizabeth Warren

  Real, Hard Work, Broken

  "Exclusive Interview: Elizabeth Warren Says Big Banks Must Stop Blocking Reform". Interview with Lynn Parramore, www.huffingtonpost.com. July 12, 2012.

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• The Germans made just about every bad investment you could have made in the last 10 years. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.

  Michael Lewis

  Government, Greek, Investment

  "Michael Lewis’ 'Boomerang': 'Money Thrown Out in Hope, Coming Back in Anger'". "PBS NewsHour" with Jeffrey Brown, www.pbs.org. October 21, 2011.

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• The farmer after sacrificing pleasure, taste, freedom, thought, love, to his work, turns out often a bankrupt, like the merchant.This result might well seem astounding. All this drudgery, from cockcrowing to starlight, for all these years, to end in mortgages and the auctioneer's flag, and removing from bad to worse. It is time to have the thing looked into, and with a sifting criticism ascertained who is the fool.

  Ralph Waldo Emerson

  Sacrifice, Years, Criticism

  Ralph Waldo Emerson (1866). “The Complete Works of Ralph Waldo Emerson: Comprising His Essays, Lectures, Poems, and Orations”, p.301

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• I once got a call from a bank, asking me to compute a mortgage, since their computers were down. This was a very depressing moment.

  Richard A. Falk

  Depressing, Science, Asking

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• My opinion is that we must lend ourselves to others and give ourselves only to ourselves. If my will happened to be prone to mortgage and attach itself, I would not last: I am too tender, both by nature and by practice.

  Michel de Montaigne

  Self, Practice, Giving

  Michel de Montaigne (1976). “The Complete Essays of Montaigne”

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• If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year. [...] And when somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have what they call social tools, and, you know, you're going to feel like an idiot if you didn't do it, because the house cost more.

  Howard Warren Buffett

  Lying, Thinking, Years

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime - Charlie Rose Interview". Interview with Charlie Rose, www.cnbc.com. October 1, 2008.

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• One lesson I got from Gandhi, 'Be the change you want to see,' haunts me. I just feel like I can't keep stomping around pointing the finger at BP when I am supporting the oil industry with my very own dollars and actions by buying their products, helping to pay their mortgage - plastic is from oil... polyester, shower curtains.

  Kristin Bauer van Straten

  Oil, Dollars, Lessons

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• When the Federal government buys the mortgages, they're not spending it, they're investing it.

  Howard Warren Buffett

  Government, Investing, Spending

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime - Charlie Rose Interview". Interview with Charlie Rose, www.cnbc.com. October 1, 2008.

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• 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.

  Franklin Raines

  Thinking, Able, Pockets

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• Stress is when you're 29 years old, playing for Rochdale, with an expiring contract and a mortgage to pay.

  John Gregory

  Soccer, Football, Stress

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• 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

  Records, Way, Buoys

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• Old Care has a mortgage on every estate, And that's what you pay for the wealth that you get.

  John Godfrey Saxe

  Care, Pay, Wealth

  John Godfrey Saxe (1872). “The Poems: Complete in One Volume”, p.11

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• The reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue.

  Joe Bageant

  Reality, People, Driving

  Joe Bageant (2008). “Deer Hunting with Jesus: Dispatches from America's Class War”, p.76, Broadway Books

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• When you think that most of us are doomed by divine grace to roast in hell, to say nothing of mortgages and hail and bad crops and extravagant womenfolks, 'tain't any laughing matter!

  Sinclair Lewis

  Thinking, Laughing, Grace

  "The God-Seeker". Book by Sinclair Lewis. Chapter 3, 1949.

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• American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

  Alan Greenspan

  Alternatives, Benefits, Might

  "CNN Special Investigations Unit", transcripts.cnn.com. March 29, 2008.

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• Los Angeles is the home of the three little white lies: "The Ferrari is paid for," "The mortgage is assumable," and "It's just a cold sore!

  Milton Berle

  Lying, Home, White

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• If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years.

  David Lereah

  Mean, Years, Fund

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• The good people of Dakota offered to give Calvin Coolidge a farm if he would live on it. I wouldn't advise you to give those people too much credit for generosity. There is not a farmer in any State in the West that wouldn't be glad to give him a farm if he will paint it, fix up the fences and keep up the series of mortgages that are on it. And if you think Coolidge ain't smart, you just watch him not take it.

  Will Rogers

  Real, Smart, Thinking

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• The president says, 'There is lots of people worse off than the Farmers.' I don't know who it could be unless it is the fellow who holds the Mortgages on the Farms.

  Will Rogers

  Agriculture, People, President

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• Never work for a company that says people are its most important asset. If you wanted to get a mortgage and you said that your only asset was people you would end up living in a tent.

  Guy Browning

  People, Important, Tents

  People, 2006.

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• They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.

  Franklin Raines

  Moving, Believe, Average

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• The Tea Partiers don't want all regulations eliminated. They just want laws that can be understood and regulations that aren't going to destroy businesses, or leave deserving veterans without a source for a mortgage loan.

  Neal Boortz

  Law, Tea, Want

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• Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

  Mark Zandi

  Creating, Credit, Today

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• I'm asking Congress to pass my Zero Down Payment Initiative. We should remove the 3 percent down payment rule for first time home buyers with FHA-insured mortgages.

  George W. Bush

  Zero, Home, Firsts

  President's Remarks to the National Association of Home Builders, Columbus, Ohio, georgewbush-whitehouse.archives.gov. October 02, 2004.

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