Feds have lowered interest rates and PRIME is now 3 1/4% ... that means my current line of credit is 2 1/2%!!! Holy smoke!!!! My first mortgage is 5.75% fixed, my line of credit ($500K with a balance of $90K) is Prime minus 3/4. Woohoo!!
Ok folks. IF you are in a higher interest mortgage, you MAY want to start looking at the possibility of refinancing. Some of you may have to pay money at closing but if it will lower your interest rate (or even lock in your interest rate) it may be well worth it for the rough financial ride we have ahead. It does not hurt to inquire. Start making your phone calls. If your current lender will not refinance, start looking around to other banks. JPMorgan, Chase, Countrywide, ING Bank, PFG, and so on (these are just ones that come off the top of my head). My theory in life has been if those you are loyal to are not loyal to you, find a new person who will be.
I work in real estate law and deal with mortgages & all every day. I hear the sad sad stories of those who are losing their homes. I hear the sad stories from the lender that if you are currently making your mortgage payments, they can NOT rework your loan (after all, you are showing the ability to currently repay under the current terms). The housing bubble is not quite over yet. Not to mention all the other things on the downward spiral. Things will be tough, I bet until mid 2010 if not later.
Anyways, this was not to be a doom & gloom post ... but rather a moment of rejoicing on my side!!
Non Toxic Mosquito Spray
Let's face it, living in Paradise does have a few drawbacks with the #1 complaint being ... BUGS. Yeah, bugs. Mostly mosquitoes that can just ruin an evening of relaxation on the patio ... those pesky little guys can really do a number on you quickly! Heaven forbid if you are one of those who are very sensitive to the bites (the Boy), you will have welts in no time. So Hubby always decides to spray AFTER everyone starts swatting the air and scratching. We have to gather up our drinks and appetizers, go indoors and wait for 20 minutes or so for the toxic fog to flat away ... only to be swatting and scratching AGAIN in 30 minutes. After seeing THIS tip a few too many times, I figured, what the heck, $5 at Walmart is worth it to try, right? Guess what? It seems to work!!! I need to do a few more nights to say for certain but I say it's WAY better than that can of toxic stuff ... and cheaper to boot! You must use the ORIGINAL flavor, and yes, it nee
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