[stuartb]

cobra(space) bill do you have a loan that is under 7 or 8%? If you do then you can thank the federal government. Particularly Barny Frank, but when they(government) ordered the banks to give no doc loans,and 0 down loans so that the less than fortunate could purchase a home(bad idea when they don't have the money) it opened up the same loans for everybody else. Then the consumers tried to keep up with the Jones'. Hence most of the blame falls on banking oversieght comity along with acorn who would stage paid protests(your tax dollars at work) in front of banks that would give the poor loans.