A Quote by George W. Bush

I'm asking Congress to pass my Zero Down Payment Initiative. We should remove the 3 percent down payment rule for first time home buyers with FHA-insured mortgages. — © George W. Bush
I'm asking Congress to pass my Zero Down Payment Initiative. We should remove the 3 percent down payment rule for first time home buyers with FHA-insured mortgages.
Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher down payment, giving them more equity - perhaps 25 or 30 percent. But today, banks are creating enough credit to bid up housing prices again.
When life was worrying about a car payment or a rent payment and a bill, you're so consumed with that, you really don't have time to know yourself. That's surviving and getting by.
I was 25 when my first husband walked out of the house and left me with a 10-month-old. And a house payment and a car payment. But suffice it to say I have a lot of love in my life.
It looks now as if everything has been profitable to me. And if the payment has sometimes been excessive, it was afer all the payment, for life, and there cannot be and is no excessive payment for life.
Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?
Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective.
Worry is a down payment on a problem you may never have
I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.
The third-date rule [that you need to have sex by the third date] treats sex like it's the down payment on a relationship.
Gods' payment is the best payment.
The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got.
This product that was on TV was available for four easy payments of $19.95. I would like a product that was available for three easy payments and one complicated payment. We can't tell you which payment it is, but one of these payments is going to be hard. The mailman will get shot, the envelope will not seal, the stamp will be in the wrong denomination. The final payment must be made in wampum.
Unlike Bitcoin or email, our financial institutions and payment systems today are proprietary. This limits the ability for consumers to easily switch between payment providers and creates less competition for services.
I think the speaker of the House in Congress should be like the Massachusetts speaker: all-powerful. He should appoint committee chairmen and remove them if they stray from the party line. He should be answerable only to the caucus, which can remove him at any time. I'd throw the seniority system out on its ear in Congress.
Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
Money doesn't buy happiness. Some people say it's a heck of a down payment, though.
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