Wednesday, March 26, 2008
McCain and the Mortgage Mess
Peter Dreier writes that McCain should have learned something from the Keating Scandal. But did he? Sadly, no. Instead he is promising to do more of the same and aid and abet those who have brought us to our current economic meltdown. McCain is the poster-villain of our current economic woes.
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Having done some research into living conditions I have made the decision to move to the US! Apart from the medical care (which having just watched the film Sicko I am slightly concerned about) I have decided that there are more positives then negatives and am therefore very excited about the prospect of moving.
However I am concerned with purchasing a house, are mortgages over there the same as there are here? Do I need a large deposit and having spoke to a few people online I am concerned I wont be able to find a company to give me mortgage broker bonds.
and if I cant can I buy a house? Also I am familiar with the term surety bond so is a mortgage bond just a guarantee I will pay on time or is it more?
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