07-20-2007, 11:22 AM
I'm so happy!
I just renewed my mortgage at a rate of 5.41% for 5 years!
My bank callled me a few months ago to remind me that my mortgage term was coming to an end and that I could renew early and lock in a good rate. I told them that it sounded like a good idea.
Well a few weeks ago a got one of those automatic renewal letters from the bank with various options showing the current rates. My jaw dropped when I saw that the current rates are 7.24% for a 5 year and a whopping 9.15% for a 1 year!
The letter suggested that I come into the bank to work out a better rate. If I did nothing they would renew automatically for those higher rates.
Well, I wasn't going to let that happen so I went in today to sign up for the better rate.
Only 9 years and 6 months left til I am mortgage free! woo hoo!!
Then maybe, I will sell my Focus. :lol:
I just renewed my mortgage at a rate of 5.41% for 5 years!
My bank callled me a few months ago to remind me that my mortgage term was coming to an end and that I could renew early and lock in a good rate. I told them that it sounded like a good idea.
Well a few weeks ago a got one of those automatic renewal letters from the bank with various options showing the current rates. My jaw dropped when I saw that the current rates are 7.24% for a 5 year and a whopping 9.15% for a 1 year!
The letter suggested that I come into the bank to work out a better rate. If I did nothing they would renew automatically for those higher rates.
Well, I wasn't going to let that happen so I went in today to sign up for the better rate.
Only 9 years and 6 months left til I am mortgage free! woo hoo!!
Then maybe, I will sell my Focus. :lol:
vintage 2000 malibu blue ZX3 ***SOLD***
2013 performance blue ST
TEAM P.I.T.A.
2013 performance blue ST
TEAM P.I.T.A.