Interest rate adjustments
- By Brian French
- Posted
I am not quite sure how the new economy is going to look once the government figures out how to bail out all the companies that took part in the housing debacle, but I do know one thing. You and I are going to pay for it. It is so revolting to think of how all this came about. Too many people taking advantage of too many people. Plain and simple. So many of these foreclosures are taking place because the people who were given these loans, couldnt afford them in the first place. Whos at fault the homeowner or the loan officer? In many cases, I believe that the people applying for the loan were truly not aware of what they were getting themselves into. If that was the case, then shame on the loan officer. If its not, then shame on them.
I guess we have to admit that summer is officially over, due to the fact that my daughter has her first soccer game today. You know that I never like having to admit it, but with the game comes the passage of warmer weather and brighter skies. With that said though, I look forward to the beauty that this time of year brings to our area. The crisp clear days for jogging and the leaves starting to make their annual change of color. Our green mountains will soon be filled with vibrant colors of red, yellow and orange. Yes, summer is over but the beauty of Vermont continues.