Difficult Quote by Ben Bernanke

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a…

— Alan Greenspan

Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.

— Elizabeth Warren

“The escalation of home prices that had allowed refinancing to pay off more debt had stopped. With a decline in housing prices, overleveraged borrowers…

— Patricia Crisafulli

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that…

— Mark Zandi

The people who are taking these loans because it's the only way they can afford their house are exposing themselves to a lot of…

— Ric Edelman

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority…

— Alan Greenspan

The most critical factor subduing the demand for housing is that home ownership is no longer seen as the great, long-term buildup in equity…

— Mortimer Zuckerman

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing…

— Martin Feldstein

The revival of consumers saving their money for retirement - rather than expecting their homes to provide the cushion - added with 'move down'…

— David I. Rozenberg

It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes…

— Mark Zandi

Despite a lingering low inventory and increasing prices, consumers still have the confidence to purchase a home. More and more people recognize the many…

— Dave Liniger

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…

— Mark Zandi