People in Alabama shared their opinions about Home Mortgage
Do you own or rent a home?
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 0%
I have had to downgrade my home: 21%
I am living paycheck to paycheck: 28%
I have eliminated some of my expenses in order to keep my home: 28%
It has not affected me: 21%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 7%
I have some equity in my home: 71%
I own my home outright: 7%
I have no idea: 14%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
I have tried but have not been successful: 38%
Have your savings/retirement funds been affected?
No, havenâ€™t touched my savings/retirement: 50%
Yes, they were slightly affected: 14%
Yes, they were significantly affected/drained: 35%