Tuesday, June 19, 2007

Gosh Darned Mortgage Cos

Ugh, as you know we have had two horrible years financially wise with what's going on in the mortgage industry in reference to my husband's job. And it is right at this time when we have a big nut to chew on our own mortgage due to a couple of risks we took:)

Well, at the end of this year, (unless we refinance) our mortgage jumps from a good rate to 9.75% minimum. At the time, we had no idea that Rob's current company would turn belly up (they were doing good for a long while, and we were hoping he would retire with them HA!!), and so thought we would have been long out of this mortgage. But stuff happened, the refinancing was delayed as our debt soared, of course.

So now we are dealing with the stress of refinancing, but we are most likely going to be fine. I just hate this, and can't wait until it's all done and I know what the damage is!!

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