A Quote by Suze Orman

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

Quote Topics

Afford Consider Fixed High Instead May Monthly Mortgage Payments Rate Think Year

Quote Author

Suze Orman
American - Author
Born: June 5, 1951

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

Bill Ackman

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

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

John Paulson

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

Some people aren't smart enough to understand the intellectual part of a being. That's why as a 30-year-old you don't have a conversation with a 15-year-old. I don't dine with 15-year-olds and talk about life. Our experiences are completely different.

The-Dream

Because when we think about the real facts: 44 million Americans without health insurance, millions without jobs, a 50-year high on mortgage foreclosures, an historic high the third year in a row on personal bankruptcies.

Chaka Fattah

Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.

Mark Skousen

I think a tennis match is a marathon. You have to sit down and have food for the next three hours, if not more. And to ask a 15 or 20 or even 25 or 30-year-old to do that, this is not gonna happen.

Patrick Mouratoglou

It is concluded that artificial fluoridation appears to cause or induce about 20-30 excess cancer deaths for every 100,000 persons exposed per year after about 15-20 years.

Dean Burk

The 20-year goal is to be a film director. The 15-year goal is to win an Oscar. The five-year goal is to just keep enjoying myself.

Tom Holland

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

Alan Greenspan

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

Escrow accounts are an important tool for homeowners to the reduce the risk of mortgage default on high-priced loans. Millions of Americans, including my wife and I, utilize these accounts to make monthly payments towards the annual financial obligations that come with homeownership like taxes and insurance.

Seth Moulton

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

Suze Orman

I think if you look at almost every year under every president over the last, I don't know, 20, 30 years, you're going to be hard-pressed to find a year in which the majority of Americans thought we were on the right track.