Once the housing market begins to recover, I would phase out the mortgage tax deduction.
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.
Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.
I realized I didn't need to go to work every day. I could work for the pleasure and the challenge, not for the mortgage payment.
The moment you have children and a mortgage you want things to work; you're locked into the human project and you want it to flourish.
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.
Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.
We have seen the big loan servicers drag their feet in the Obama administration's well-intentioned mortgage modification program.
The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
I don't have kids, a mortgage, or a car. That has let me hold out for the jobs I want to do, and to sit in a cold room in the winter with fingerless gloves, writing.
The two questions that anyone ever asks me are: 'Are house prices going to go down?' and 'Is it a good time to fix my mortgage rate?'
When you are 25, 30, you know, you have no responsibility, no mortgage, no kids, no retirement to think about, nothing.
The only time I've ever taken out a loan is for the building work I had done at our house and I did that by extending the mortgage.
After I dropped out of college at the age of 19, I became a mortgage broker, and when I went back to school I thought about going into real estate law.
The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.
The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing.
I'm for the Wall Street Occupiers. But will they accept me when they find out I sell packaged mortgage default instruments to children?
I have to be invested spiritually, emotionally, and psychologically to do theater. I can't do it to make a living. I have four kids, a couple of grandkids, and two mortgages.
The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.
Our Sheffield and London homes are worth well over a million but the bank owns most of them - we are mortgaged up to the gills.
I've become a professional failure - in order to pay the mortgage I have to remain unemployed. Luckily, a disaster always seems to befall me at exactly the right moment.
