For the second day in a row the Dow Jones industrial average has plunged then stabilized - spurred by fears over lending losses.
A meltdown in the housing and mortgage markets is causing home fore closures to climb to record highs.... and unfortunately -- Nevada is leading the nation on that front.
Now even people with good credit will face tougher borrowing restrictions.
Financial counselor Natalie McKinnon says she's seen an influx of people looking for help after getting caught in the avalanching cost of a sub-prime loan.
She says the most important thing is once you find yourself falling behind... call you lender and find out what your options are.
Real estate consultant Michelle Plevel says lending restrictions are changing and Northern Nevada is experiencing a glut of homes, which means this is a buyers market.
She predicts buyers can come in 30 % below market and pick up properties with immediate equity.
But both women say the key is to get a fixed rate... and finance as little as possible.