It's hard not to join in panicking. The Panic Crowd seems to be having all fun these days. But they don't have all happiness. You see, it's true what your mother told you: money doesn't buy happiness, at least not for most people. But lack of money does buy pure misery.

Did you ever wonder why so many office towers have fusion-sealed, micron-proof windows to keep office workers safe from any semblance of fresh air? It has to do with stock market. During The Great Depression, just too many brokers were jumping out of windows. This enraged a nation of vengeful investors, who demanded to kill their brokers personally. So henceforth all windows were sealed.

(The good news is that by time windows were sealed, The Great Depression had ended, so there have been very few reported cases of enraged investors killing their brokers. However, there have been several incidents of "office air suffocation syndrome" -- but that's another issue for another column.)

Oh no! Not another Top Ten list!

Here are The Happy Guy's Top Ten Tips for Staying Sane While Wall Street Crashes Around You:

1. Don't panic. Enough people are doing that already; you're needed elsewhere.

2. Don't join Panic Crowd. They are NOT having more fun, they just act that way to attract new members fold. Misery loves company.

At present equity markets are making a rebound. If Dow goes above 9,000 mortgage rates could rise to or through 7 percent. Two weeks ago thirty-year mortgage rates stood at an average 5.98 percent compared with 6.01 percent previously, beating record low September 27th. Fifteen-year mortgages dropped to an average 5.34 percent, a new record low from its previous record of 5.40 percent last week.

A year ago, 30-year mortgages averaged 6.58 percent while 15-year mortgages averaged 6.06 percent and ARM 5.26 percent. But in just a few days mortgage rates rose 0.25%. and rise continues. Consumers are now having to make tough decisions as to when to make their move and snap up a bargain loan rate before bargains all gone.

Mortgage Loan Search at http://www.MortgageLoanSearch.cc reports steady financing activity as borrowers pocket cash and save thousands over life of loan thanks to current low rates. Rate shoppers are finding that some of best deals for home loan refinancing are offered by local banks and credit unions.

Mortgage Loan Search notes that rate shoppers are finding it best to work with their current local mortgage lender rather than settle for more remote lenders with out a proven track record. Still to get most attractive rates at lowest levels and save thousands in finance costs savvy bargain hunters do well to allow other lenders an opportunity to meet or beat a competitive offer.

Once a few attractive offers are made rate shopper takes them to current local mortgage lender and asks them to meet or beat it. The most effective way to get refinancing word out and competitive offers pouring in is by making good use of Internet based lending marketplaces. Lending networks offer low rate shopping in a highly competitive bid-for-your-business marketplace.