The Suze Orman Show Season 7 Episode 8 The Mortgage Meltdown Continues
- February 23, 2008
- 43 min
The Suze Orman Show season 7 episode 8, titled "The Mortgage Meltdown Continues," focuses on the ongoing struggles in the housing market and the impact it has on individuals and families. Suze Orman, a personal finance expert, shares her insight and advice on how to navigate this difficult time.
The episode begins with Orman discussing the current state of the housing market and the issues that are contributing to the continued mortgage meltdown. She explains how the high number of foreclosures, plummeting home values, and strict lending practices are making it hard for many Americans to secure a mortgage or refinance their current one.
Orman then welcomes a series of guests to the show, all of whom have been affected in some way by the mortgage crisis. These include a family who lost their home due to foreclosure, a couple struggling to make their mortgage payments, and a real estate professional who has seen a significant decrease in home sales.
Throughout the show, Orman provides practical advice and guidance to her guests and viewers. She encourages those who are struggling to seek help from their lender or a housing counselor, and emphasizes the importance of creating a budget and living within one's means. She also offers tips for those who are looking to buy a home, such as saving for a down payment and considering a smaller home or a fixer-upper.
In addition to discussing individual struggles, Orman also touches on broader economic issues, such as the impact of the housing crisis on the overall economy and the role of government in addressing the crisis. She urges viewers to stay informed and be proactive in advocating for their own financial well-being and the well-being of the housing market.
Overall, "The Mortgage Meltdown Continues" is a timely and informative episode that provides valuable advice and insights for those struggling with the housing crisis. With Suze Orman's expert guidance, viewers are empowered to take control of their finances and navigate this challenging time with confidence.