Spring\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Waning Seed Moon<\/p>\n
We have signed the refinancing agreement for our house.\u00a0 4.75% interest.\u00a0 Dropped our monthly nut a lot.\u00a0 A lot.\u00a0 Kate did it!<\/p>\n
Having said all that the lack of process and scrutiny involved in this refinance made my jaw drop.\u00a0 Kate went, talked to a loan officer,\u00a0 some dithering went by as we\u00a0 locked the rate.\u00a0 It took us three weeks to ask where the appraisers were and as I said a while ago, they had already decided we didn’t need an appraisal.\u00a0 We set up the closing for this morning and in spite of a last minute glitch–par for the course if you’ve closed on a lot of houses–we are back home now with a much cheaper loan.<\/p>\n
It all reminded me of the way banks got in the trouble in they’re in right now.\u00a0 Too little care in the lending process.\u00a0 Don’t get me wrong, I’m tickled we got through with so little pain and I would not have written this until the bank had committed itself in writing, but gosh, gee wheez.\u00a0 What about all those under-performing or non-performing loans?<\/p>\n","protected":false},"excerpt":{"rendered":"
Spring\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Waning Seed Moon We have signed the refinancing agreement for our house.\u00a0 4.75% interest.\u00a0 Dropped our monthly nut a lot.\u00a0 A lot.\u00a0 Kate did it! Having said all that the lack of process and scrutiny involved in this refinance made my jaw drop.\u00a0 Kate went, talked to a loan officer,\u00a0 some dithering went by … Continue reading Refinanced and Happy About It<\/span>