Going round in circles...

Thursday, October 14, 2010

We all know about the current state of mortgages, bank closures and foreclosures. But who knew that you could have good credit, the money for a down payment and still not get financed because you want to borrow too little an amount.

Read my friend's blog: I Do Not Understand

Is this how our country is going to recovery from the current economic situation?

Till next time - keep on rollin',
Donna and Stu

4 comments:

FabGrandma said...

Thanks for the link, Donna. This is the craziest thing ever!

Myrddin said...

Ahhh!! Our financial institutions at work!!! No wonder they're in trouble!!!!

Jim

Dennis and Donna said...

Banks will be the ruin of us all!!!! Here is yet another example...

Michael Lockridge said...

We are trying to sell our house. The last deal fell through because the banks don't actually want to lend money. They all seem to be pretending to be in business, sitting on the money they won't lend while accepting applications they intend to reject. They seem to be waiting for things to turn around around them, then they might loan.

Not fun.

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