Student debt is crushing the lives of millions of Americans. How does it happen that we can get a home mortgage or purchase a car with interest rates half of that being paid for student loans? We must make higher education affordable for all. We must substantially lower interest rates on student loans. This must be a national priority.— Bernie Sanders
Practical Mortgage quotations
Debt is so ingrained into our culture that most Americans can't even envision a car without a payment ... a house without a mortgage ... a student without a loan ... and credit without a card. We've been sold debt with such repetition and with such fervor that most folks can't conceive of what it would be like to have NO payments.
There is, of course, a gold mine or a buried treasure on every mortgaged homestead. Whether the farmer ever digs for it or not, it is there, haunting his daydreams when the burden of debt is most unbearable.
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.
I live my life a quarter mile at a time.
Nothing else matters: not the mortgage, not the store, not my team and all their bullshit. For those ten seconds or less, I'm free.
People find themselves in ruts all the time.
You're in a complacent lifestyle where you work 9 to 5 and then you add a mortgage and kids. You feel trapped, but guess what, brother? You constructed that life. If you're OK with it, there's nothing wrong with that. But if you've got unease, then you've got to make a change.
Don’t stretch yourself too much with a mortgage.
Buy within your means. It’s not worth the sleepless nights.
I love money, and I love movement. I like what it has let me do for my family. I have paid off my mum and dad's mortgage, I've bought them two BMWs, they can have anything they want. I am buying a fleet of cars for myself. I have unemployed my sisters, they don't need to work, don't need to worry about a thing.
The world is filled to suffocating. Man has placed his token on every stone. Every word, every image, is leased and mortgaged. We know that a picture is but a space in which a variety of images, none of them original, blend and clash.
A mortgaged home, an empty stomach and a ragged back know no party.
We will live to write the epitaphs of the old parties: "Died of general debility, old age, and chronic falsehoods."
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!
The paid-off home mortgage has taken the place of the BMW as the status symbol of choice.
We go to church buildings that still have a mortgage.
Which means the bank owns God's house. Which means that we go and make love to God in a house that Satan owns!
When the congregation becomes the norm by which sermons are measured, a minister has put a mortgage on his soul.
If your actions are motivated by selfish interests rather than God, you are mortgaging tomorrow's joy.
I had to make a living. I had the mortgage to pay, I had the school fees to pay. I had bread and butter to put on the table. You know your worth as an actor, but you have to get a job.
Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
However my parents - both of whom came from impoverished backgrounds and neither of whom had been to college, took the view that my overactive imagination was an amusing quirk that would never pay a mortgage or secure a pension.
Every word, every image, is leased and mortgaged.
It is better that you live in a one-room garret with a leaky roof, than live in a large house, the mortgage payments of which are causing your colon to turn cancerous!
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
It is better to have a plain, substantial building, with no extravagance about it, but without a debt, than to have the most splendid specimen of Gothic architecture that is overlaid by a mortgage.
Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.
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.
I don't see (subprime mortgage market troubles) imposing a serious problem.
I think it's going to be largely contained.
I'm married. I have three children. I have a mortgage to pay. The plumbing breaks and the yard needs trimming. However, what my wife and children need most from me is my passion for them.
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?
Some countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much.
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.
Youth! There is nothing like youth. The middle-aged are mortgaged to Life. The old are in Life's lumber-room. But youth is the Lord of Life. Youth has a kingdom waiting for it. Every one is born a king, and most people die in exile.
Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.
What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.
Business is essentially applied rationality: a systematic process of thinking that produces a real-world result. Instead of mortgaging your life to go to business school, it's possible to dramatically increase your knowledge of business on your own time and with little cost - without setting foot inside a classroom.
Read books are far less valuable than unread ones.
The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.