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OH NO!I guess I shouldn't have dropped $1700 on a new guitar amplifier I totally did not need!
Quote from: DixieBelle on May 21, 2008, 08:50:33 PMBouncey bouncey bouncey!! The only idjits getting rate hikes are the ones who didn't read the paperwork they signed and are now in a state of shock over the word "adjustable" in their adjustable rate mortgage. 300 bucks is a pretty big jump. Besides, as Undies said, rates have been falling.
Bouncey bouncey bouncey!! The only idjits getting rate hikes are the ones who didn't read the paperwork they signed and are now in a state of shock over the word "adjustable" in their adjustable rate mortgage.
Quote from: Lord Undies on May 21, 2008, 06:31:25 PMWhy would anyone's mortgage go up $300.00? Mine has been the same for 21 years. It hasn't varied a dime. Now, if the teacher was stupid enough to sign for a variable rate mortgage, well, she should be paying less. Rates have gone down in most areas. So why, oh why, did this teacher's mortgage go up $300.00? Property taxes? Not likely. Home values have been steady or turning downward just about everywhere. Regardless, a $3600.00 per year jump in taxes is very unlikely.Maybe her insurance went up $3600.00? Equally unlikely. Unless she burned the house down last year. I can see property tax increase of that amount, depending on where in the country they reside. Of course a property tax increase has nothing to do with GWB, but that is another matter.
Why would anyone's mortgage go up $300.00? Mine has been the same for 21 years. It hasn't varied a dime. Now, if the teacher was stupid enough to sign for a variable rate mortgage, well, she should be paying less. Rates have gone down in most areas. So why, oh why, did this teacher's mortgage go up $300.00? Property taxes? Not likely. Home values have been steady or turning downward just about everywhere. Regardless, a $3600.00 per year jump in taxes is very unlikely.Maybe her insurance went up $3600.00? Equally unlikely. Unless she burned the house down last year.