Quote:
Originally Posted by HarryT
I know that a lot of people are out of work these days, but many people who are still in work are actually pretty well off now due to the huge fall in mortgage payments due to the slash in interest rates.
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I would ask where the heck you live except I already know.
Yes, interest payments are falling somewhat, but the banks here seem to be "reluctant" to 'refinance' what they know are bad loans in the first place, even tho they did the loaning AND supposedly there are billions out there they have received! (takes deep breath)