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Real Housewives' Melissa and Joe Gorga Broke?

"Real Housewives of New Jersey" stars Joe and Melissa Gorga recently put their Montville Township home up for sale and new reports suggest that the listing is the result of ongoing financial woes.

"Melissa and Joe are in way over their heads. Joe owes a lot of people money. They have the house on the market because they can't pay the mortgage now that the interest rate on it has exploded," a source close to the couple told Radar Online.

"They are portraying a life they that they really didn't live prior to the show. Melissa likes to drop name brands now and has become very arrogant. Joe loves the fact that Joe Giudice has financial issues, yet he's in the same boat!" the source added.

Melissa, a 33-year-old mother of three, is often heard mocking her sister-in-law Teresa Giudice's prior financial troubles on their hit Bravo reality show. According to the source, though, she and Joe have been living a lie and have desperately tried to portray that they are rich although they are reportedly struggling.

The Gorga family was reportedly living in a more modest 3-bedroom, 2-bathroom home said to be worth around $500,000 prior to the show, but quickly decided to move into a $3.8 million Montville Township mansion when filming began to fit in with their wealthy cast mates.

"Joe built the house as a spec home, hoping to find a buyer. As a builder, he got an interest free loan for a period of time in which he was to sell the house," the source said.

"When his wife was hired for RHONJ, the Gorgas decided to abandon their home and move in to give themselves an appearance of wealth that they don't really have," the insider added. "Now, the interest-free period on the loan has expired, so they have to move."

Melissa, who is a singer, was once faced with speculation that she is a former stripper during one episode of "RHONJ."

"As everyone knows we are filming season 4 so there is not too much I can confirm, but there is one thing that I would like to clarify...the accusation that I was once a dancer at a strip club. This is 100% NOT TRUE. I did bartend for a few weeks at a bikini bar while I was in college. My outfit was a tank top, shorts and sneakers. SORRY, no bubbies there," Gorga wrote on her blog page.

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