Review Mortgage Lenders

American Dreams Mortgage

Ameriquest Mortgage, Not the American Dream!

Ameriquest taking on water , ship is sinking 1 2 3 4 5 6 ... Last Page www.msfraud.org Rust Consulting Ameriques Multistate Settlement - Delayed ...

The American Dream is getting smaller

The “American Dream” is starting to look a lot different.

Gone are the days when Americans aspired to own a house with a white picket fence. Some 82% of Americans now say their “American Dream” is simply financial security for themselves and their family. That’s according to Massachusetts Mutual Life Insurance, which commissioned a survey of more than 3,200 people during January and February 2018.

Three quarters of respondents said part of their “American Dream” is owning a home, the traditional definition, but 71% said it is achieving financial independence. MassMutual did not clarify what “financial independence” means in the survey, but it typically means no longer having to work, because one has enough savings.

More worrying, perhaps: 33% of those surveyed said they think that dream is disappearing. Why? They have too much debt. “Americans believe financial security is at the core of the American Dream, but it is alarming that so many think it is beyond their reach,” said Mike Fanning, head of MassMutual U.S.

Homeownership remains part of the American Dream, but some find it unattainable

Although Americans are in consensus with the definition of the American dream, the survey found that 33% now think the dream is disappearing.

The study revealed that Americans are divided when it comes to their level of financial confidence and their ability to achieve the American Dream. While most are confident about short-term financial decisions such as paying bills and budgeting (82%) and big-ticket purchases (74%), Americans become less confident in their long-term financial decisions. For example, more than half (54%) don't believe that they will achieve financial security for themselves and their family.

With a majority of Americans carrying some type of debt, the total volume of debt in the US is a cause for concern. Mortgage is the most common form of debt, with 64% of Americans having an average mortgage debt of $188,795.

"Americans believe financial security is at the core of the American Dream, but it is alarming that so many think it is beyond their reach," said Mike Fanning, head of MassMutual US. "It is clear that people are taking steps to help secure their financial future and dreams, and more can be done to help to keep the American Dream alive. Starting earlier appears to be part of the solution as 'not starting early enough' was the top financial regret across all consumer groups."

Is the American Dream causes mortgage crisis? 10 points for the best advice. Thank you?

I know there are various reasons that lead to the current mortgage crisis such as the banks, the loans, the economics, the government.


If the American dream is to do incredibly stupid things with your finances and credit, then you are probably right.

Banks and mortgage brokers were contributors, but in reality it was people's own greed and stupidity that was the main cause.

Покупка ценного Антиквариата искусство. . Объявления в украине доска бесплатных частных объявлений.