Older Stuff

Is Underwater Refinancing Going to Help with Anything?

I’m sitting here, reading about the latest move from the Obama administration in an effort to ease some fo the pain felt by home owners. When I read that this plan might help people with their housing problem, I thought maybe it meant helping families to avoid foreclosure.

That made the most sense in [...]

Is Refinancing Your Home Worth It?

I have been thinking about what my husband and I are going to do in the near future when we have our secondary mortgage paid off. We got a secondary mortgage on our home when we bought it five years ago so that we would not have to make a down payment on the [...]

Home Ownership Not an Asset? WHAT!?

A lot of people have been saying, with the downfall of the housing market (temporary, not permanent, mind you), that owning a home has become more of a liability than an asset. What they don’t consider is that it is still an investment. The definition of an investment is something that you buy, and [...]

Home Shows Make You Realize….

I’m a really big fan of HGTV, as I believe I’ve mentioned before. I watch it a lot, and I record a lot of their shows to watch while I’m eating lunch on the weekends. My husband and I both really enjoy watching a couple of their shows, including “My House is Worth What” [...]

30 Year Mortgage Going Away?

There has been a lot of talk about how the current mortgage and housing crisis is going to affect the future of home buying for all Americans who still want a slice of the American dream, but cannot afford the huge monthly sums that are often required of a mortgage that is shorter than [...]