Living for today - Planning for Tomorrow
Wow. It’s amazing what a difference a week makes. It was only a little over a week ago that I was feeling bummed that rates had gone down since I locked in at 4.875% for a 30 year fixed. Fast forward to today and my credit union’s rate has increased to 5.45% for a 30 year fixed. That’s after being down to less than 4.5%
Today was one of those days that you remember for the rest of your life and I didn’t spend a nickel all day. Up here in the Pacific Northwest the weather has been a little abnormal. By that I mean that it snowed. It has been cold for a week and we even saw temperatures in the single digits overnight in a couple areas. With
It sure is interesting to see the kinds of things people spend their money on. Safe to say I wouldn’t be putting this kind of money in to this ride…….
Housing Crisis Vindicates Guy Who Still Lives With Parents http://www.theonion.com/content/news_briefs/housing_crisis_vindicates $700 Billion Bailout Celebrated With Lavish $800 Billion Executive Party http://www.theonion.com/content/news/700_billion_bailout_celebrated WaMu Files For ChapLev http://www.theonion.com/content/news_briefs/wamu_files_for_chaplev How Did The Economy Go Bad? (Infographic) http://www.theonion.com/content/infograph/how_did_the_economy_go_bad
I liked this 2 minute video talking about why you should spend less on Christmas. It seems like an appropriate video to share during these harder economic times and my overall desire to tout the benefits of jumping off the Christmas present orgy express.
Okay, so that title probably sounds a little bit moronic. I don’t think anyone can avoid the fraud we’ve seen on Wallstreet over the years. Here are a few of my favorites: Enron Worldcom Madoff Mortgage Securities It seems that the only limit to the amount of fraud on Wall street is people’s ability to imagine it. From energy manipulation to massive Hedge fund ponzi
Well, it never seems to fail. I’ve never been able to time the market and trying to time interest rates has proven to be just as difficult. I locked in our refinance rate at 4.875% for a 30 year fixed rate loan. It’s a great rate and I’m thrilled to have gotten it. Of course rates have come back down further since then. My credit
“Think of inflation as your friend. Wouldn’t you like to wear $1,000 suits and smoke $100 cigars? I know I would.” Heh. Happy Friday.
I think everyone should collectively pat themselves on the back. All it took to start reigning in the debt was a massive financial collapse. Hopefully this trend will continue. http://money.cnn.com/2008/12/11/news/economy/flow_of_funds/index.htm?postversion=2008121114 Anyway, check out the article. It’s interesting. I wonder if people are willfully changing their habits, or whether it’s just a lack of available credit……
It was finally too much for me to ignore. We have been paying 5.75% on our mortgage for the last 6 years. We’ve always felt that was a great rate, especially when you consider historical rates. Well, the appeal of a sub 5% loan was finally too much to keep me on the sidelines. We were able to secure a new loan at 4.875% for
