06/01/2012
I must say, we have one fine mess going on around the world right now...
And... as a result of that mess rates are at record lows. I plan on filling out an application to re-fiance the mortgage to a 10 year at 3% as soon as I finish writing this. Thanks to our aggressive pay down plan on the current mortgage, taking on a 10 year will actually have a lower payment than our current 15 year at 4.25%.
The house value has bumped up nicely on Zillow over the past two months or so. The updated value will be reflected in the July 2012 numbers. I don't expect that value to hold too long, as the banks seem to be ramping back up on the foreclosure process, and there's no shortage of those around us.
06/17/2012
There's still a couple weeks to go, but July is shaping up to be a good month. The market is on an upswing, our home value continues to rise, and we're about to lock in a sweet rate on our mortgage.
06/29/2012
$502,034.24. I've been waiting a long time to break the $500k barrier, and today was that day.
Not sure if we'll be able to maintain the $500k number for the official July entry. We'll just have to wait and see. We have a mortgage payment next Monday, and about $2,500 in closing costs to cover on the new loan.
Staying the course is paying it's dues. :-)
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