I’ve had two letters from my original mortgage …what do I call him? handler?…telling me this was a good time to refinance, even though I haven’t even been here 4 years yet. I had my car and house insurance with the same company, and had a supposed discount for that. Since I now have a car loan and needed full coverage, it got crazy. Even though I probably don’t even drive 10 miles a week and my driving record is spotless. So imagine my surprise when I was quoted for a years worth of full coverage for less than what I’m now paying for six month’s worth! I also get a discount if they do my house insurance too and that’s also cheaper. So assuming the appraisal says my house is still worth what it was in 2006, I am going to be saving about 14% on my mortgage payment, and holy moly, over 50% on my car insurance!

Notice my very, very, fine, old car!

What a relief. Since taking out that car loan (and I put half down) I’ve been seriously feeling the pinch. Registration was insanely high, insurance skyrocketed, not to mention the loan itself. Now I’ll be able to start stashing some away again for the next emergency to hit. Refinancing will cost me nothing out of pocket either (or I wouldn’t have been able to do it), so talk about a win/win situation. It’s a good day 😀