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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (132422)11/1/2001 4:50:01 PM
From: benwood  Read Replies (2) of 436258
 
I never thought I'd see the day I could cost-effectively refinance my 6.75% mortgage, but I turned in the paperwork today. I'm pulling out a ton of cash, too, going to 120% of equity, and putting it all in my margin account, and all that's going into shorting gold stocks. <g> Wait, that was my alter ego talking... I hope to get 6.00% or better, shorten the term of my loan to 15 years from about 20 now and still pay it off earlier than that, saving about 1 to 1.5 years of the payments I'm currently making (i.e. I'll make the same payment as now). So... might as well get some Greenboink cash even though I'm not in the top 1%. Just gotta have the mortgage market stay intact for another few weeks now!
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