[GeorgefromGeorgia]

Some Demos are already talking about the Government coming in to this and helping homeowners. I would be against Government throwing money to individuals, but perhaps there is a way for the FED to assist on a more indirect level?

[RockinRight]

Yea. Lower the rate.

[Aquamarine]

but perhaps there is a way for the FED to assist on a more indirect level?

If the FED assists they'll have to raise our taxes to do it. Don't really like to pay for other peoples mistakes, it's enough that I have to pay for my own.

[TopoGigio]

Govt. help would be good for everyone, including yourself. What happens when half a dozen people let their house go back to the bank in your neighborhood? The value of your house and everyone else's drops....big time. The govt. should work with Fannie mae and freddie mack, FHA, and loosen the guidelines so people can switch their arms to fixed.