Financing Quotes

2002 was and amazing year in the housing sector. The annual average for the 30-year fixed-rate mortgage rate this year was about 6.5 percent, the lowest annual average in more than 31 years. That was the primary factor that led to an incredible amount of home building, home sales, and refinancing, all of which helped keep the economy from another recession. - Frank Nothaft

[Financing] for the whole range of federal programs has almost been doubled. - German Gref

[According to the old rules for refinancing, it wasn't worth your while unless you could lower your rate by 2 percentage points. Now that the process is easier and cheaper than ever, that's no longer the case.] The cost of refinancing is quite [a bit] lower than it was five or 10 years ago... Anyone who has taken out a mortgage in the past few years should look into refinancing. - Greg McBride

(Former Speaker of the House) Tip O'Neill used to say all politics is local. That's not true when it comes to financing campaigns. Most big dollar Senate and House campaigns today are financed heavily by individuals and groups from outside a state or Congressional district. - George Harleigh