With the new volatility in the housing market, many homeowners and buyers are wondering how the numbers will affect them. "Good Morning America" financial contributor Mellody Hobson explains how you can survive the mortgage crisis.
With the dramatic rise in the number of foreclosures as well as the related crisis in the financial markets, will it be harder to obtain a mortgage if you do not have much credit history or you do not have a strong credit rating?
Yes, on both counts. Lenders are...Full Story