Aug 1, 2007 | Posted by: roboblogger
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Since: Dec 06
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duncanville too...so sad to see for sale signs in front of so many homes.
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After years of loose lending and subprime mortgages, that's what happens. Those ARM's are kicking in and people can't manage the new mortgage payments. Going to get worse, and it will affect all of us one way or another.
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Judged:
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The economy shows no signs of getting better, unemployment is the worst in 20 years.
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I finally got to buy a home, there's a silver lining to this dark cloud of foreclosures.
i think if people did not use credit cards and spend all they make, they would not be in all this financial mess. I've been saving since 1991 for something, now I know what. |
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