http://michellecary.com/blog/2008/07/22/the-economy/ Romance for the Heart ~ Suspense for the Soul Thu, 08 Jan 2009 20:41:55 +0000 http://wordpress.org/?v=2.3.3 http://michellecary.com/blog/2008/07/22/the-economy/#comment-154 Amanda Tue, 22 Jul 2008 15:09:08 +0000 http://michellecary.com/blog/2008/07/22/the-economy/#comment-154 A lot of people are feeling the crunch right now. As long as gas prices keep rising, so will everything else. It's a scary situation. A friend of mine has been saving up to buy a house next year, using the Fannie Mae first home buyer loan(at least, I think that's what it was called), but that's out of the question now. The housing market is down, and yet it's harder than ever to quailfy for a loan to buy one. It just seems like a big catch-22 to me. A lot of people are feeling the crunch right now. As long as gas prices keep rising, so will everything else. It’s a scary situation. A friend of mine has been saving up to buy a house next year, using the Fannie Mae first home buyer loan(at least, I think that’s what it was called), but that’s out of the question now. The housing market is down, and yet it’s harder than ever to quailfy for a loan to buy one. It just seems like a big catch-22 to me.

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