Refi

Went in to get a refinancing on the home and found I've only lost $34,000 of appraised value in six years. Combine that with the PMI and the fact the banks take their interest out in declining balance I figure the Federal Government Created Housing Bubble continues to expand my posterior orifice. :mad:

Guess I'm one of the lucky ones though. At least my house is still worth more than I owe.
Guess I'll have to adjust my asset to debt ratio from Decent to Crappy.

Doh Where's the Tylenol?

G.

Yeap over developing, and over pricing of homes lead straight to this whole issue. Sorry for your loss!

Things are looking up.
Found out since I was 20% LTV before 2009 on my first mortgage, there is a loop hole that will allow me to get the better rate without the PMI. Hopefully things will be smooth sailing from here on out.

G.

Cool!