Sex and The City Fans will probably remember the episode when Carrie was evicted from her apartment and she needed to buy her own apartment. In that episode her friends offered to give and lend her money to buy her apartment. If only life were just like that. In reality the economy has left most people with mortgages on their homes that will last them for many years. On the other hand some fortunate people who have finished off their mortgage are all ready for a new mortgage for their second home or their new home.

People who were severely affected by the recession were the ones who lost their jobs and their homes. Some people have had to apply for a new mortgage on a new home or on their old home. Several people were able refinance their mortgages. Fortunately, the economy is slowly recovering. There is hope for the millions of Americans who still dream of owning their own homes someday.