A Quote by Bill Ackman

Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.

Bill Ackman

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Bill Ackman
American - Businessman
Born: May 11, 1966

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

If you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.

John Paulson

American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.

Alan Greenspan

Opt for a fixed-rate rather than an adjustable-rate mortgage.

Suze Orman

If there were not derivatives, there would be no bank loans at all today, because people want to get fixed-rate 30-year loans, but banks don't want to keep 30-year loans on their books.

Jeff Greene

Building and preserving housing, along with keeping people housed, are critical to making our city more affordable for all.

London Breed

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

In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to the subprime area, there was little else that could be done to send housing prices higher.

Michael Burry

We book our exports forward for more than a year, and so we have a fixed rate. We do not get the spot rate that we see in the market every day.

Baba Kalyani

They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be fine. But the banking system and the mortgage problem were symptomatic of some deeper problems, and evidently they still haven't recognized those deeper problems.

Joseph Stiglitz

People are living longer than ever before, a phenomenon undoubtedly made necessary by the 30-year mortgage.

Doug Larson

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.

Richard Florida

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

With the frenzied pace in our own country, with the degenerating school system, with a crime rate that rises 30% a year, and with politicians that seem more interested in posturing than in governing, it has become more difficult, or should I say challenging, to achieve that inner symbiosis with life.

Frederick Lenz

The immigration system is broken and it needs to be fixed. And it needs to be fixed comprehensively, because this country depends on immigrant workers, but we don't have a system that reflects that. Our system is absolutely antiquated.

Pramila Jayapal

Already, new forms of short-term and long-term rental housing are popping up in some metro areas. You can take on a house or apartment for a few months or even a year or two in developments that are striving to provide critical elements of community - schools, healthcare, social and cultural institutions - even for people who are living there only temporarily. People invested in a home, mortgage, or community are less likely to move to more economically vibrant locales. That kind of entrenchment is going to be an impediment to the coming spatial fix.

Richard Florida

A Quote by Bill Ackman

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