Best 53 of Mortgage quotes - MyQuotes
Congress should just do its job and pass a transportation-infrastructure bill - a regular bill that doesnt borrow money and mortgage my future.
Once you're a homeowner, your house will probably be the biggest, long-term investment you have. Every dollar you spend on a mortgage or down payment is like putting money in a house-sized piggy bank, so it makes sense to look at home buying through the lens of saving.
Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.
Howard Warren Buffett
When the Federal government buys the mortgages, they're not spending it, they're investing it.
The American real-estate industry believed segregation to be a moral principle. As late as 1950, the National Association of Real Estate Boards' code of ethics warned that "a Realtor should never be instrumental in introducing into a neighborhood ... any race or nationality, or any individuals whose presence will clearly be detrimental to property values." A 1943 brochure specified that such potential undesireables might include madams, bootleggers, gangsters - and "a colored man of means who was giving his children a college education and thought they were entitled to live among whites." The federal government concurred. It was the How Owners' Loan Corporation, not a private trade association, that pioneered the practice of redlining, selectively granting loans and insisting that any property it insured be covered by a restrictive covenant - a clause in the deed forbidding the sale of the property to anyone other than whites. Millions of dollars flowed from tax coffers into segregated white neighborhoods. "For perhaps the first time, the federal government embraced the discriminatory attitudes of the marketplace," the historian Kenneth R. Jackson wrote in his 1985 book, Crabgrass Frontier, a history of suburbanization. "Previously, prejudices were personalized and individualized; FHA exhorted segregation and enshrined it as public policy. Whole areas of cities were declared ineligible for loan guarantees." Redlining was not officially outlawed until 1968, by the Fair Housing Act. By then the damage was done - and reports of redlining by banks have continued.
In Chicago and across the country, whites looking to achieve the American dream could rely on a legitimate credit system backed by the government. Blacks were herded into the sights of unscrupulous lenders who took them for money and for sport.
The only time I've ever taken out a loan is for the building work I had done at our house and I did that by extending the mortgage.
Our primary objective in every mortgage transaction should be to borrow in a way that reduces debt, improves financial stability, and helps us get debt free in as short a time as possible!
In many cases, it was the woman’s stomach—not her heart—that fell for her man.
When people are frightened about going hungry and paying their mortgages, a scarcity model begins to prevail; they fear someone else will get their piece of the pie.
It’s unthinkable, now to live as her parents had done, going to work from nine to five and enjoying the benefits of the newly-formed health and education services. What paradise it had seemed! Now, in order to pay their exorbitant mortgages, and ever more exorbitant fuel prices, British adults have to work long hours – the longest, it is said, in Europe… Everyone they know, everyone they see, is just like them, living in houses like these, reading the same papers, seeing the same films and TV programmes and plays, buying from the same shops and sending their children to the same schools; and they think it will go on for ever, either ever-mounting property prices cushioning them. But it can’t.
Engaged in a new form of serfdom---only bound now to banks and mortgage lenders instead of to lords---her more highly leveraged neighbors pore over the business section of the newspaper each day looking for some sign that the government will soon step in to “freeze” their mortgage rates where they are before a scheduled adjustment hits.
T. R. Reid
Mortgage is one of the most popular deductions. It costs the Treasury about $103 billion a year. Now that's money we could use to treat wounded veterans or reduce the deficit or fill the border. Instead, we give it a subsidy to homeowners, and it goes mainly to the richest homeowners in America, because only one third of Americans itemize their deductions. It doesn't work. Many countries have gotten rid of the mortgage interest deduction. Almost all of them have higher homeownership rates than we do.
It's a sensible rule that says before you get a mortgage it should be checked whether you can afford it.
Rightly or wrongly, most Americans look at mortgage equity withdrawal as the closest thing to a free lunch.
We need to remake and reinvent our housing system so that it supports the flexibility and mobility of our economic system broadly. Home-ownership is rewarded by the federal tax code, which made great sense when that piece of the American Dream, and all the consumption that came with it, was essential to rebuilding the economy. These days, however, it feels like a huge penalty to people who want to travel light within the new mobile economy without a mortgage to hold them back.
It is even more foolish to buy an unnecessary thing on credit.
Some people will each start investing more of their salary on ‘their’ house and spending less of it on ‘their’ car or cars only when they start being able to take ‘their’ house to work, funerals, weddings, etc.
I could remember the house on Lexington Street, where the mortgage hung over our heads almost as tangibly as the roof, and we still managed to enjoy life.
Step by step, place became property, property became a mortgage, and mortgages became derivative investments.
I still think I'm writing Nancy Drew with a mortgage.
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.
At the young age of thirty-two, retirement is not much of a consideration, but when considering a thirty-year transaction it should be.
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.
I don't have a muse. I have a mortgage.
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.
among married couples the person who actually makes out the mortgage check is likely to be more cautious about spending money than the person who doesn't. There is something sobering about sending away that much money every month in the knowledge that, rain or shine, you'll have to come up with the same amount of money the next month and the month after that.
Anyone who has ever taken out a mortgage will be unsurprised to learn that it is, literally, a /death pledge/.
In some cases, it is the woman’s stomach—not her heart—that has left her man for another.
No man can mortgage his injustice as a pawn for his fidelity.
Ignore the annual percentage rate when shopping for a mortgage.
From the 1930s through the 1960s, black people across the country were largely cut out of the legitimate home-mortgage market through means both legal and extralegal. Chicago whites employed every measure, from 'restrictive covenants' to bombings, to keep their neighborhoods segregated.
Otto Von Bismarck
Vanity is a mortgage that must be deducted from the value of a man.
We no longer have a significant middle class in the US due to Barack Obama's job-killing ban on oil drilling in Zion Park. While a small middle class remains in the coastal blue states, our tax bill devastates them by curbing deductions for state and local taxes and large mortgages. In a few years, everyone except the 1% will be a tricklee.
Whatever happened to Trump Airlines? How about Trump University? And then there's Trump Magazine and Trump Vodka and Trump Steaks, and Trump Mortgage? A business genius he [Donald Trump] is not.
People who can't afford their mortgages and have to renegotiate with the bank or something gets repossessed after you worked your whole life. You follow the rules and you do the right thing and you still get screwed. That's what I think a lot of Americans are.
My only allegiance is to my country. The success of our country is built on hard work, sacrifice, innovation, integrity, and confidence. How can you be confident if you can’t get a job? How can you be confident if the mortgage on your home is higher than your home’s value? How can you be confident when our elected officials haven’t given us one single idea how to fix this situation? – Jeremy Lyons
I've always paid off my mortgage as much as I could.
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!
Robert Green Ingersoll
A mortgage casts a shadow on the sunniest field.
We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them back. Banks then changed the bankruptcy laws so that we could not get out of our obligations once the rates changed. Lastly, they sold us back our own mortgages, shifting back to us any of the risk through our money-market accounts and pension funds.
One of the most common root causes of our unhappiness is our desire to give people who will get to see the house we live in, and/or the car or cars we drive, an idea of how much we earn, earned, or were allowed to borrow.
The working poor are the people suffering out subprime mortgages and fatal loans and more and more of our money - you know, capitalism is operated by extracting money, not so much directly being paid.
If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.
We will not, on the altar of money, mortgage our conscience, mortgage our faith, mortgage our salvation.
Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit.
John Godfrey Saxe
Old Care has a mortgage on every estate, And that's what you pay for the wealth that you get.
To work for salary is to mortgage your life.
Focusing only on the short term puts us in a position to make bad choices. We ignore all other factors that lead to the overall value of the loan in order to achieve that one singular goal now—whether the goal is a lower payment, a lower interest rate, or a dream home. In the long term, this always proves to be costly.
My grandfather used to say ‘It is my house I am paying the bills’, my dad used to say ‘this is my house I pay the mortgage’, my generation is saying this is my house I pay the rent.