A Quote by Suze Orman

Ignore the annual percentage rate when shopping for a mortgage. — © Suze Orman
Ignore the annual percentage rate when shopping for a mortgage.
American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
Opt for a fixed-rate rather than an adjustable-rate mortgage.
Both HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued.
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.
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.
The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.
If you actually are a doctor and admitted it, you'd say, 'I don't cure a huge percentage, I don't have a 50 percent cure rate ... but I can have a 100 percent compassion rate'.
[Steven] Lerner's plan starts by attacking JP Morgan Chase with demonstrations on Wall Street, protests at the annual shareholder meeting, and then calls for a coordinated mortgage strike.
The solemnity of the annual Nobel ceremonies in Stockholm with the cheerful bad taste of the grand opening of a shopping center in Los Angeles.
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
Not once during Obama's tenure did the country achieve an annual 3 percent rate of economic growth.
The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they write. They should have what they call "skin in the game," where they've got to reimburse us if the guy who sold the mortgage defaults.
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.
Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.
A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.
Why does Medicare have such difficulty accommodating a cut - no, wait, a trim to its annual spending increase - of two measly percentage points? Two words: baby boom.
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