#mortgage

If you're going to live in the house make it your goal to just pay off your mortgage. ↗

— Suze Orman

#going #house #just #live #make

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. ↗

— Suze Orman

#become #before #eligible #financial #huge

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

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

#based #believes #coming #expectations #flooded

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

#controls #fed #just #mortgage #now

All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any kind of government intervention when the profits are rolling in, but are quick to pass the bill for the cleanup and the far-reaching consequences of these avoidable tragedies to the public when things go wrong. We have a straightforward proposal: if they want public money, we want public control. It's that simple. ↗

— Michael Hureaux-Perez

#capitalism #corporations #deepwater #economic-interventionism #environment

And to whom were these bundles of unrecognizably mashed-up mortgages ultimately sold? Quite often, to you and me. Our pension funds, municipalities, and money-market accounts were made up largely of these “mortgage-backed securities. ↗

— Douglas Rushkoff

#money

When I was a little kid, I wrote this play about all these characters living in a haunted house. There was a witch who lived there, and a mummy. When they were all hassling him, this guy who bought the house - I can't believe I remember this - he said to them, 'Who's paying the mortgage on this haunted house?' I thought that was really funny. ↗

— Mindy Kaling

#believe #bought #characters #funny #guy

Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent? ↗

— Karl Rove

#bailing #bailout #bank #began #commentator

Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit. ↗

— Douglas Rushkoff

#life