Nobody wants to get stuck in a situation where you buy a home and then later loose it to foreclosure. If I can offer any advice, it would be to always be careful BEFORE getting a loan by making sure you understand the terms, and seeing that it fits your budget the best it can.
Here are 3 pieces of information I hope you will consider regarding your new or current home loan:
1) You should always aim for a fixed home mortgage rate. As you can see from the current economy, an adjustable rate loan can get you into trouble down the road by fluctuating up higher than you can afford.
2) It's a good idea to meet with a home loan financial adviser you trust, and make sure they have the experience you need to make the right decision. By taking the time to build a relationship with them, you can more easily stay out of trouble. You want to work with a loan adviser you are comfortable calling at any time for answers and advice.
3) Never ignore any notices you receive from the bank. If you are currently in a bad mortgage, please know there may still be options to help you get into a better mortgage before your house goes into foreclosure.