World Financial Mess

by Cheryl
(Concord, North Carolina)

Regarding World Financial Mess: We here in America have been reading and hearing about the US and how the government is having to bail out our mortgage and finance industry. Wall Street is in rubble around our knees and people are hurting.



I have also been reading about what is happening in places like Iceland, France, England and the Netherlands. Their governments also are looking at bailing out their financial and mortgage industries.

It concerns me that the U.S. used to be a powerhouse and a beacon for everybody else and now the power is off and the light is very dim.

Are we, the U.S., to blame? And really how do we fix this? Can it be fixed and how long are families going to suffer?

The situation that the U.S. is in is very scary but when I think about this on a global level it becomes terrifying! I would vote for the financial buy in or financial buyout plan or whatever you want to call it, if it will help the world to get back on track without causing more people to lose their homes, jobs, cars and dignity. --Cheryl from Concord, North Carolina



Return from World Financial Mess to Get Your Best Mortgage Rate


Click here to add a comment.

You can also ask Kate about your mortgage at The Ultimate In Mortgage News.

Recent Articles

  1. Kate's Mortgage Rate Report August 11: Rates Bouncing Like a Ping Pong Ball

    Aug 11, 16 10:49 AM

    Kate's mortgage rate report for the week ending August 11, 2016: Rates Bouncing Like a Ping Pong Ball
    Mortgage interest rates have been bouncing like a ping pong ball: After last Friday's strong job report began pushing up mortgage rates, the market is now hinting at a reversal, with the 30-year hover…

    Read more

  2. Ask Kate how to avoid unauthorized mortgage rate extension fees

    Aug 11, 16 10:18 AM

    Ask Kate how to avoid unauthorized mortgage rate extension fees
    Ask Kate how to avoid unauthorized mortgage rate extension fees:

    After locking in her rate, the bank sent a Texan homeowner, Laura, notification of several thousand in fees that she must pay in order…

    Read more