Saturday, February 21, 2009

Stimulus Mortgage Refinancing

It is reported and verified that between 91% to 93% of homeowners are paying their mortgage. What a mistake they are making. We will see this Stimulus package give aid to those who have not been paying theirs. We all sympathize with those who lost their jobs and have difficulty making ends meet, but what about those where their eyes were bigger than their wallets? Or those that bought more than one home with the idea of flipping within a few months and then the market went south. We must be careful when we enter this unchartered territory that we are not providing assistance to those who have abused the system. But, then again we are entering the ‘sharing the wealth’ years. Boy, would I like to have some of Obama’s millions.

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