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Worried About Paying Rent or Mortgage

The economy has gotten a little bit better compared to its low point 2 years ago in 2008, but according to an article on MSN, Americans are more worried now about making their rent or mortgage. According to a new poll from the Washington Post, 53% of Americans are very concerned or somewhat concerned that they might not be able to pay their home mortgage or rent. Back in 2008, when the economy was worst, that percentage was much lower, at 37% of American with similar concerns.

An economist featured on MSN, feels that the reason comes down to jobs. The unemployment rate is still very high, and people are afraid to lose their jobs and not be able to replace them so there’s good reason for these concerns. Because if they don’t have a job, there are more likely to be delinquent on their mortgage or rent payments.

Also there are more and more foreclosures taking place, The Washington Post says 2 million homes are on track to be foreclosed on by banks in 2010. This could also be leading to why people are worried. All My Sons of Raleigh found out that renters are even more concerned than homeowners with 70% worried to not be able to pay up their monthly fees compared to 46% of homeowners.

If you’re facing foreclosure and need to move out, call the local Raleigh movers for an easy and smooth moving day. You can start by getting onto our homepage and read all about our moving services. You can read a few customer reviews and all about our reputation. The Raleigh moving specialists also have a great moving articles section where you can read about tips about moving, check out moving checklists and other informational articles that can help you with your entire move, even when you’re settling in.

The All My Sons of Raleigh moving crew is part of a great network of movers called All My Sons Moving and Storage. There are offices throughout the United States and in Mexico as well. All the moving offices employ career movers with plenty of experience to move just about anything, from gym equipment to pool tables and pianos. All My Sons Moving also does commercial moving and long-distance moving so you know they are professionals. When you’re ready to move, remember to get you free moving quote from All My Sons of Raleigh. This way you’ll know what to expect and fit it into your moving budget.