roxie

How Should The Federal Government Help Homeowners? [Housing Tracker]

Everything the government is doing is for those who can't afford their mortgages. How about those of us who have been responsible, been paying on time, not late, but now in the the same perdicament many are in and that is having an upside down mortgage. Where is help for us? We are being responsible and getting no help. All I ask, if you are lowering the rates for those people who can not afford their home, and now can why not those of us who are trying everything to make sure we can. I am a single mom with two daughters in college and I am recently divorced and have taken on a second job. My home is now $200,000 upside down. My first is at an 8.75% and my second is a 12.5%. Why isn't there any help for people like me? All I want is a lower interest rate. I'm willing to keep my house. I guess the only solution is to hand over the keys to the bank. I think that is what the government wants. Taking a loss for banks is financially a better bet, then the government will step in. What are we telling people? It is alright to be irresponsible. Great thing we are teaching our kids--Our FUTURE!! UNBELIEVABLE!!!!!