77 Mortgage Rate Quotes
Following is our list of mortgage rate quotations and slogans full of insightful wisdom and perspective about home mortgage.
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Famous Mortgage Rate Quotes
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical. — Bill Ackman
The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. — Jerome Powell
Don’t stretch yourself too much with a mortgage. Buy within your means. It’s not worth the sleepless nights. — Sarah Beeny
We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers. — Jerome Powell
The paid-off home mortgage has taken the place of the BMW as the status symbol of choice. — Dave Ramsey
Never marry for money. You can borrow it cheaper. — Scottish Proverbs
Home ownership is the cornerstone of a strong community. — Rick Renzi
Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible. — Max Keiser
High interest rates focus on the revenue of a parasitic class. — Linda McQuaig
Owning a home is a keystone of wealth - both financial affluence and emotional security. — Suze Orman
Over time, low rates can put pressure on the business models of financial institutions. — Jerome Powell
By purchasing and holding large amounts of Treasury securities and MBS, we put additional downward pressure on term premiums and so on long-term rates. — Jerome Powell
The expectation of gradual policy normalization should reduce the likelihood of outsized movements in interest rates. — Jerome Powell
Let’s cut the top rates of stamp duty to enable more movement to take place and also looking at the broader tax reform, simplifying our tax system. — Liz Truss
No single housing finance institution should be too big to fail. — Jerome Powell
Mortgage Quotes
For 99 percent of the beasts on this planet, stress is about three minutes of screaming in terror after which it's either over with or you're over with. And we turn it on for 30-year mortgages. — Robert M. Sapolsky
Salary negotiations shouldn't be limited to just salary. Salary pays your mortgage, but terms build your career. — Chris Voss
Get-educated-quick schemes are usually about as sound as subprime mortgage-backed securities: Enticing but basically fraudulent. — Tucker Carlson
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. — Fawn M. Brodie
We have this amazing ability to turn on the exactly same stress response worrying about a mortgage that a zebra does when it's sprinting away from a lion. — Robert M. Sapolsky
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. — Vin Diesel
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
Funding has been the hardest part, and my wife has been extremely supportive both when I decided to leave my job, and even when I re-mortgaged our home and put equity into the project. I am lucky to have such a loving and supportive partner. — Nirmal Purja
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. — Sherrie Levine
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." — Mary Elizabeth Lease
Home Mortgage Quotes
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
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. — Alan Greenspan
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
Light is one of the most important factors in photography. — Laura Gilpin
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 D. Cook
I love business. I love helping urban communities grow. I love putting people to work of color. I love making sure - like right now the whole mortgage crisis, I want to help people get back into their homes. — Magic Johnson
Italy's youngsters complain, apparently, about having to live at home until they are 72 but that's because they spend all their money on suits and coffee and Alfa Romeos rather than mortgages. — Jeremy Clarkson
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal. — Warren Buffett
Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. — Martin Feldstein
And I think we need a combination of a freeze, potentially, and also we need to sit down with the - with the banking industry and talk to them about ways in which we can help them be able to work those mortgages out, because it's absolutely imperative that we keep people in their homes. — Debbie Wasserman Schultz
Interest Rate Quotes
We have lowered interest rates to near zero in order to bring down borrowing costs. We have also committed to keeping rates at this low level until we are confident that the economy has weathered the storm. — Jerome Powell
The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery. — Karl Rove
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top. — Max Keiser
When the time comes to raise interest rates, we’ll certainly do that, and that time, by the way, is no time soon. — Jerome Powell
Regional interest rate differentials persisted until around the time of World War I and helped shape the attitudes of Americans living in western areas toward the nation's financial system. — Jerome Powell
Sleep is the interest we have to pay on the capital which is called in at death; and the higher the rate of interest and the more regularly it is paid, the further the date of redemption is postponed. — Arthur Schopenhauer
The FOMC has considerable control over short-term interest rates. — Jerome Powell
I'm doing my part, building plants at a record rate, having historic conservation levels. The only people not doing their part is the federal government that is siding with the energy companies against the interests of the people of California. — Gray Davis
As president, I will fight to make tuition in public colleges and universities free, as well as substantially lower interest rates on student loans. — Bernie Sanders
There is clear empirical evidence that the response of EME financial markets to different shocks, including changes in U.S. interest rates, depends importantly on the state of economic fundamentals in the EMEs themselves. — Jerome Powell
Insurance Rate Quotes
I've been a young man. Boobs are near the center of the universe, until you turn twenty-five or so. Which is also when young men's auto insurance rates go down. This is not a coincidence. — Jim Butcher
Skyrocketing insurance premiums are debilitating our Nation's health care delivery system and liability insurers are either leaving the market or raising rates to excessive levels. — Jim Ryun
The insurance companies do not refer to the key policy rate when they send their statements. We can only control that rate. Long-term interest rates are determined largely by global financial markets. — Mario Draghi
The high price of health care in this country is a serious issue that demands serious attention. Putting limits on damages have little or no effect on skyrocketing malpractice insurance rates. — Mary Landrieu
Facts are, insurance ratings are really dependent on the notion that some people are higher risk than others. — Patrick J. Kennedy
Women tend to need the healthcare system more because we bear children. Insurance companies - not all of them, but many of them - 'gender-rate.' Women may pay 40% more for their health insurance than men do. — Gloria Steinem
Every good laboratory consists of first rate men working in great harmony to insure the progress of science; but down at the end of the hall is an unsociable, wrong-headed fellow working on unprofitable lines, and in his hands lies the hope of discovery. — Ernest Rutherford
[On gender-rating by insurance companies:] They say the reason they get to charge more is we have children. I would say having children is a socially useful act. Being female is not a preexisting condition. — Gloria Steinem
You have to be careful on the deck, because of the "hatches," which are holes placed around a sailboat at random to increase the insurance rates. — Dave Barry
Term Life Insurance is the only insurance I recommend. It's the least expensive way to get the coverage your family needs and allows you to lock in rates for 15, 20 or 30 years. Zander's online quoting system will help you find the most competitive options. It's more affordable than you think! — Dave Ramsey
People Writing About Mortgage Rate
More Mortgage Rate Quotes
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
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. — Nassim Nicholas Taleb
Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates. — Franklin Raines
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
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages. — Franklin Raines
What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them. — Matt Taibbi
According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased. — Harry Enfield
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
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
We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year. — Franklin Raines
A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt. — Jean Chatzky
You have a job but you don't always have job security, you have your own home but you worry about mortgage rates going up, you can just about manage but you worry about the cost of living and the quality of the local school because there is no other choice for you.rankly, not everybody in Westminster understands what it's like to live like this and some need to be told that it isn't a game. — Theresa May
he economy favors throughput over quality and craftsmanship, and economists are terrified because the American savings rate has crept upward from about zero to almost five percent. But the mortgage crisis and the burgeoning credit card crisis are causing Americans to become wary of irresponsible debt. — Denis Hayes
We must fundamentally restructure our student loan program. It makes no sense that students and their parents are forced to pay interest rates for higher education loans that are much higher than they pay for car loans or housing mortgages. — Bernie Sanders
I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off. — David Axelrod
Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy. — Walter E. Williams
You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises. — William J. Clinton
American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage. — Alan Greenspan
The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could find mortgages at low interest rates even during the worst phase of the financial panic. — Mark Zandi
What if one were up there, drifting about among suns and feeling the tails of comets fan one's forehead! How small the earth was and how puny the people; a Norway of two million provincial souls and a mortgage bank to help feed them! What was life worth at such a rate? You elbowed yourself ahead in the sweat of your face for a few mortal years, only to perish all the same, all the same! — Knut Hamsun
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