Friday the 13th

I'm not superstitious. Turns out, tomorrow will be a good day for us. The refinance is done! We sign the papers tomorrow. Because of the economic environment, credit "freeze" and banks being desperate to loan money to people who will actually pay it back, the interest rates are ridiculous.

We went from 6.5% to 4.75%. We've been in our house 6 1/2 years, so instead of adding 6 1/2 years back on and going with another 30 year loan, we went to a 15. Shaving 8 1/2 years off of it. So, no, our house payment is not going down. But guess what...

It isn't going up either. Well, maybe a little. About $50/month. SO WHAT. We are both still employed and have an emergency fund based on our current payment. And, in our case, $50 a month will save us thousands over the course of the loan.

Oh, yeah, and as an added bonus our house has increased in value enough that coupled with what we've paid down that we actually have 28% equity. Meaning that our stupid PMI is gone.

And, I'm taking tomorrow off, my husband is taking 1/2 off and our oldest is out of school. So we'll all have a mental health day...yeah, tomorrow is going to be a good day.

Guess I may be superstitious after all...Lucky 13!