Last week we finally closed on refinancing our house, yes, we've only been in it 7 months. We thought with the whole craziness of the mortgage market that refinancing would not be an option for years, but we were able to take our two loans and put them into one, and save money, which is really the point of going to all the trouble.
Anyway, in the closing, we found out that we had managed to lock in our rate during the 4 hours when rates were lowest. They've gone up drastically since then.
The convergence of factors that made this possible still leaves me speechless.
Maybe we can afford to live here after all...
1 comment:
Oh, that is so great. Nice to hit when it's a buyers market for once! Or is it a sellers market? I don't know, I can't never remember. Anyway, so glad it worked out.
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