Friday, August 26

Bursting Your Bubble

Bill Maher on a scarily relevant topic -- the impending bursting of the housing market bubble. Jody and I bought just as the bubble was starting to swell out of controll, so I don't think our house will fall back much under what we paid for it. However, we're looking to refinance -- though not to pull any money out of the house, just to consolidate our second mortgage and bring our monthly nut down a bit, as well as lock in a low interest rate. The icky thing is that if we get the house re-appraised at this point, our property tax will probably go up by 5-10K a year!

Bah.

No comments: