It’s Monday again, and time for another week at work! I for one am just thankful to have a job in these tough economic times, so I’m going to be making the best of it this week!
Over the weekend we found out that our house has dropped in value so much that doing a refinance probably isn’t going to be an option right now. Over the last two years we’ve lost a lot of equity in our house, which means we won’t have the necessary 80/20 loan to value ratio that we need to refinance. Ouch! Oh well, we’ll just continue paying our mortgage as we have been, and hope the economy and the real estate market rebounds enough to the point where we will be able to refinance. Hopefully the rates and fees will still be low at that point!
Here’s a few good reads I found over the weekend.
Good Reads
- Where Obama’s New Economic Stimulus Package Will Create Jobs
- It’s Time To Get Hardcore Frugal!
- What’s In The New Stimulus Plan?
- What is Frugality?
- What Are Good Deals At Sam’s Club?
- I Lost $1000 The Last 2 Days Somewhere Outside My House
- Why Christians Don’t Give
- Lessons in True Wealth
- Little Ways to Improve Your Financial Life in 2009 & Beyond
- A New Theme at Four Pillars (disclosure – I did the logo)
- A New Site Blogging Website – sidehustleblogging.com (disclosure – I did the logo on this one too!)
We’ll see you tomorrow!
{ 3 comments… read them below or add one }
It will get better but it will take a lot of time. We all have to remember to play this both ways. If the assessed value of our home is going to drop, we have to remember to tell our local taxing authority (if you pay property taxes) so we aren’t paying taxes on a home valuation that is wrong.
elementaryfinances last blog post..10 Reasons Obama is good for economy- At least for now
Sorry to hear about the re-finance. It’s amazing how wide-spread the economic issues are.
FFBs last blog post..Where Obama’s New Economic Stimulus Package Will Create Jobs
Thanks for the link Pete and great job on the logo!
Mike
Four Pillarss last blog post..New Theme – Come To The Site To Check It Out