I feel sorry for people who have variable rate mortgages. Interest rates are rising which may make it hard for some of them to make their house payment. And then I know a lot of people qualify for more of a home loan than they can truly afford. They might get the house of their dreams, only to find that making the house payment becomes very difficult if their situation changes or mortgage rates go up. There are people who can’t pay their mortgages, and they risk losing their homes due to foreclosure. I really think banks should rethink the amount for which they allow people to qualify. They would truly be helping people if they made the requirements for a loan more stringent. So what can people do who are caught in a bind? If the have poor credit, they could consider poor credit remortgage. For those who want protection for the future, they might consider mortgage protection.