Mar
20
2007
I was just going throught the news articles on yahoo. I saw this headline -
Houses cheaper than cars in Detroit. Can you imagine a house going for less that $30,000?! my heart goes out to all the people losing their homes to foreclosure. The people who refinanced to get cash to spend, I don’t really feel for but there are so many who are probably losing their homes even though they were frugal and are just going through bad situations like poor health, job losses, or losing a wage earner. It must be heartbreaking for them. I was reading another article some days ago, where they were talking about how some mortgage agents had actually fudged the income statements on many refinances. For example, if some one was earning 2000$ a month, they put in $6000 as the income and got the person qualified for a much higher refinanced loan amount. So many people got increased mortgages on ARMs and these people can no longer make their monthly payments because of the increased interest rates… Bad decisions all around but still heart breaking. It’s not like most of the losers are real estate speculators; most of these people are people like you and me, with children, in the home they’ve been dreaming they will one day own outright. Very sad.
Mar
16
2007
Ok, what’s with the weather for the next few days????
I thought we were done with this cold freezing weather… March may have come in as a lion but its gotten miserable again! Today’s maximum is 39 F and it’S that now… probably means its going to get colder as the day progresses. And it’s going to rain the whole day. I actually think it’s a mix because I can hear some ice outside. Yuck! I guess I should be happy it’s not snowing like it is up north and to the west of us.
Took the older to their first swim lesson yesterday at the nearby rec center. They enjoyed it and the pool. The pool is indoors and they keep the temps at around 85 F so it was nice and warm. We went early so the kids enjoyed playing around before the actual class.
Happy St. Patrick’s Day to you! Have to find something green for Alexander to wear to school today.