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I Have A Slice of the American Dream and It is a 30 Year Nightmare


Well, we did it. We are buying a beautiful, brand new house, planning our wedding, and getting ready to move. The cramped trailer we have lived in will just be a memory. The house we are buying is a 4 bedroom, 2 1/2 bath, 2 car garage slice of the American Dream.

However, my fiance and I sigh and realize it is a 30 year nightmare we will be paying on for a long time before it is truly ours. By the time the house is paid for, we will be too old to travel like we wanted to. England, Ireland, Scotland and Wales will just have to wait. Well, at least we will get Senior Discounts.

But, knowing I will be getting married in my house and gliding down my stairs toward my intended while the stereo plays and our friends and family look on, is going to be worth it. Getting married at home is going to be something we remember and we will be able to enjoy a nice honeymoon with the money we saved. Maybe even rent a nice vehicle to pretend is ours.

The house is in the process of being built now and we watch it's progress each Sunday. Hopefully, it will be completed in about 3 weeks. It is amazing how much work goes into a house and how plans on paper become reality.

When we burn the mortgage papers in 30 years I want a big bonfire and I will dance around it with my husband, children and grandchildren. Then I will pack my bags and make that trip I always wanted to make and complete some more things on my "do before I die" list. At least "buy a new house" is checked off on my long list. What's next? oh, I see, it says "write a best selling novel"...hmmmmmmmm.

Caitlyn Carrington has been writing since the age of 10. She used to make homemade cards with poems for her family and friends. She is an accomplished poetess and writer and busy working on her novel "the celtic soul". She has been nominated for "Poet of the Year" from International Poetry Society.


MORE RESOURCES:

BigNews.biz (press release)

Decide On the Right Home Mortgage Refinance Rate
BigNews.biz (press release)
Any regular or bad credit home mortgage refinance loan is a risk. The lower the fixed time period of the mortgage the shorter the interest. ...
Refinance Home Loan Rates – Save Money with Low Mortgage Refinance RatesSubprime Blogger (blog)
Current Mortgage Rates: 30 year Mortgage Rates at 4.94%, 15 Year Mortgage ...MonitorBankRates.com

all 24 news articles »


The Guardian

Mortgage refinance may hurt financial flexibility
Bankrate.com
... the home improvement contract phase with an estimated $72000 kitchen/bathroom project at hand and am wondering about the wisdom of a mortgage refinance. ...
30 Year Fixed Mortgage Rates – Save with Low Mortgage Refinance Rates TodaySubprime Blogger (blog)
JP Morgan Chase Home Loan Mortgage Refinance Rates Stay Low In March 2010Red, White, and Blue Press (blog)
Getting a mortgage refinance will save you money each monthFlorida Times-Union (blog)
FreeRateUpdate.com -My Loans Consolidated (blog) -BigNews.biz (press release)
all 380 news articles »


The Money Times

New Article on Fannie Mae, Freddie Mac HARP Mortgage Refinance Program ...
PR Web (press release)
In a new article, AimLoan.com explains why Fannie Mae and Freddie Mac's program to refinance underwater homeowners should be expanded, as lowered mortgage ...
Will Fannie Mae, Freddie Mac Short Selling Help Underwater Homeowners In Obama ...Red, White, and Blue Press (blog)
Obama Admin Too Busy To Deal With Fannie, Freddie, Says Assistant Treasury ...Huffington Post (blog)

all 314 news articles »


PR Web (press release)

Underwater Mortgage Refinance Plan—Is It Working, Is Walking Away Okay?
Red, White, and Blue Press (blog)
2 Responses to “ Underwater Mortgage Refinance Plan—Is It Working, Is Walking Away Okay? ” What is the point of this article? It states 2 questions and ...
Fannie Mae, Freddie Mac and The Obama Underwater Mortgage Home Affordable ...Red, White, and Blue Press (blog)

all 120 news articles »


MonitorBankRates.com

Mortgage Refinance Rates: 30 Year Refinance Rates now at 4.88%
MonitorBankRates.com
Mortgage refinance rates were over 5.00 percent last week at 5.07 percent. 30 year refinance rates are now under 5.00 percent at 4.88 percent, ...



Bankrate.com

Bankruptcy haunts home mortgage refinance
Bankrate.com
We have about 60 percent equity in our home. We both have credit scores above 700 and both have good incomes. ...

and more »


How do I negotiate a mortgage refinance if I've lost my Job?
LoanSafe
to you to save your home. In this article we will briefly look at co-signer options and also loan modifications that may be an option for you. ...

and more »



FreeRateUpdate.com

FHA the treat For the Mortgage Refinance Hangover
OpEdNews
In 2004 the popularity of adjustable rate mortgages, also known as ARM's was shocking. 5/1 and 7/1 ARMS were in the 4% range so the lure of these teaser ...
What Can a Bad Credit Mortgage Refinance Do For Me?Jazzou (blog)
Home Mortgage Refinance Loan Made EasierBatchBuzz (satire)
Florida Mortgage And Real Estate: If I Only Had A Crystal Ball...FreeRateUpdate.com
DSNews.com -Bills.com -Subprime Blogger (blog)
all 157 news articles »


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