Refinance magic? The mortgage industry has gotten money to help consumers who need to refinance, and the consumers are lined up to get loans. Yet, the word on the streets and from the media indicate very few plain green loans direct lenders online personal loans are being made. Is the refinance magic gone?

Well, at first glance, I'll admit that the situation looks a little analogous to that old adage, "water, water everywhere...nary a drop to drink!". Today, we hear a slightly different version, "mortgage money everywhere, but nary a refinance anywhere!" For hapless consumers all across the country, it feels like a return to the days when they were younger! It feels like the days before they had any credit at all. Then, they could never get a plain green loans tribal cash loan because they had no credit history. Or, in the alternative, they could get a plain green loans installment loans savings account if they could show they did not need it.

Then, of course, as they pursued this game of "catch 22", these young consumers of yesteryear were advised that if they could show the lender they did not need a loan they might be able to get the lender to say 'yes'. Once they jumped through that hoop they were told they couldn't have the loan requested because they had just shown the bank they didn't need the loan! What we see out there right now is not exactly a win-win. What are the banks and consumers to do, anyway?

Compound this dilemma with the public's understandable feeling of frustration and you have two mindsets emerge: 1.) the situation is hopeless, there is no money anywhere, there are no jobs to be had, indeed, it is a bad day at black rock - doomsday has arrived for real! 2.) or, the economy has turned the corner for sure now and there is money freely available for loans for everything! When the word gets out that everything will be just fine, perhaps the refinance magic will be alive again. Hope springs eternal for some. These good folks see relief coming very shortly and point to the advertising which incessantly supports the refinance loan availability as a real possibility. All in all, right now the consumer's mood is understandably cautious and frustrated... with a capitol "F"!