Mortgage Refinance Completed!

Mortgage Refinance Completed!

Remember when I told everyone why we weren't refinancing our mortgage? And then I ate my words by posting about our upcoming mortgage refinance? Well, good news, ladies and gents! Our mortgage refinance has finally closed, and there were NO ISSUES! Yes, really, it was as smooth as the other side of the pillow (wait, what's the saying again?). Either way, it was awesome, and now we're saving $200 a month! Here's the breakdown: October 5th: Contacted the mortgage broker who I was referred to and discussed our options. We decided to go with the FHA Streamline refinance because our house … [Read more...]

Our Mortgage Refinance

Our Mortgage Refinance

You may remember, a long time ago in a galaxy far, far away, we wrote a post about the impossibilities of refinancing our underwater home. After being beaten down by the radio ads over and over again, I finally decided to call a few of the lenders to see if they were able to help us take advantage of these historically low rates! As you read, this did not work out well, as one place said they couldn't do our refinance because of my mortgage insurance, and the other place said we couldn't save any money because of the increase in mortgage insurance. We ran the numbers and posted about how it … [Read more...]

Why I Am Not Refinancing My Mortgage

Why I Am Not Refinancing My Mortgage

I listen to talk radio. In fact, I rarely listen to music (which is funny for a guy who got an audio degree). And one thing I noticed is the commercials on talk radio stations seem to be much more sophisticated than those on the Top 40 radio stations. Here's an example; I was listening to a music station for some reason (probably because there was a story on the talk station about a stupid celebrity doing something stupid again), and the first commercial that came on was for a company that staffs lawyers specifically to help clean up your troubles after getting a DUI (or multiple DUI's, which … [Read more...]