Foreclosures Causing More Divorces?

The financial pressure that comes with an escalating house payment or a foreclosure may indeed be playing a role in breaking up marriages, experts say.

Historically, the three most likely reasons for foreclosure problems are: loss of job, loss of health and loss of spouse. On top of that, these days, escalating mortgage payments seem to be exacerbating the divorce problem.

Though there are no studies linking foreclosure to divorce rates, Frank Fincham, the director of Florida State University's Family Institute, said, "Financial problems among couples are one of the main reasons for divorce in this country today."  One recent poll commissioned by divorce360.com ranked financial issues as the No. 2 reason that Americans divorce, with abuse ranked as No. 1.

For years, Middle America was of the mindset that it could get a divorce and use the equity in their home as a safety net, but for many these days, there is no equity. It used to be, when couples bought a house, five years later it was worth more. And when people got divorced in those days they expected to be able to live for a while off the proceeds from the sale of the house. . . . We do have a lot of people in trouble in this country because the value of their house decreased.

What do you think?  Give us your opinion.  Has the mortgage crisis and more resulting foreclosures, had anything to do with an increase in divorce rates?  Use the comment link below to give us your feedback.

Housing Bailout Backlash Grows Stronger

Many Americans want no part of a government-funded bailout for troubled mortgage borrowers, and many are being heard saying things like, "why should American taxpayers have to pay to bailout reckless lenders and borrowers?"

The website Angryrenter.com, launched just recently, has a vitiation demanding that Congress not pass any bailout programs that reward risky borrowing and lending.  The petition is gathering 40 to 50 signatures per hour, according to spokesman Adam Brandon, who adds that the site is already getting 15,000 visitors a day.

Many people would prefer the government do nothing at all to prop up the housing market — especially those hoping to buy in a more affordable market.

Tell us what you think.  Use the comment link below to give us your feedback. And if you'd like to sign the petition, go to http://angryrenter.com to sign up.

Mortgage Help: Talk is Cheap

With foreclosures and bankruptcies soaring nationwide, both government and private industry have been promising help to homeowners. But is that help materializing?

Learn more about "Hope Now" from Money Talks correspondent Stacy Johnson in this short (1:38) video…

What is your opinion about the "Hope Now" project?  We'd love to hear your feedback.  Click the comment link below and tell us what you think.  Your email will never be published on our site, so no worries about spam issues when you leave a comment with us.

Going Green: Doesn't Have to Be Expensive

Everybody wants to save the planet… and most of us also want to save some money for ourselves. Is it possible to do both at the same time?

In this short (1:39) video, Money Talks correspondent Stacy Johnson shows some ways you can go green AND save money while you're doing it.

Be honest, how many of the ways to save in this video do you overlook each day?  We'd love to get your feedback.  Just use the comment link below.

The Real Estate Crisis: Congress Expected to Fail

An over-whelming majority surveyed say the U.S. Congress will fail in its attempt to solve the nation's real estate crisis.  That, according to a new poll conducted by Housing Predictor.

The online survey clearly indicated that Americans are fed up with Congressional failures, the government's stance on the nation's economic crisis and the White House.

Housing Predictor forecasts more than 250 local housing market futures in all 50 states, and regularly surveys visitors on real estate related issues, which are in the forefront of the national economic crisis. They also forecast the nation's top 25 real estate markets annually, the worst 25 markets and the nation's foreclosure epidemic.

Tell us what you think.  Do you think Congress will fail in its attempt to solve the nation's real estate crisis?  Click the comment link below and sound off.  We'd love to hear from you.