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comment by Isherwood
Isherwood  ·  2493 days ago  ·  link  ·    ·  parent  ·  post: Pubski: May 31, 2017

    AND NOTHING BAD WILL HAPPEN

I'm too stressed to tell if these are sarcasm caps - but one of my biggest fears was having our mortgage sold, which was the main reason we went with the CU.

b_b I'm also responding to you.

We're also making payments as though it was a 15 year loan, but were planning on a family in the near future, so we wanted the flexibility of being able to pay less.

And yeah, I'm 90% excited (this is the coolest thing I ever bought) and 10% freaking out (this is the most expensive thing I've ever bought) but I've never been so excited to build shelves, so that's cool.





kleinbl00  ·  2493 days ago  ·  link  ·  

It doesn't really matter if your mortgage is sold because the terms stay the same. I think our mortgage has been sold three times, and that's above and beyond the two refis. The securitization of mortgages isn't bad for the homeowner, it's bad for the market; it incentivizes unstable behavior by banks and provides excess cash flow into the market, thereby inflating prices.

A 10/90 freakout ratio is appropriate and level-headed. I'll say this: Wayfair is about 150% the quality of Ikea and costs a little less (and you don't have to get it to your house) but both companies make temporary furniture. legit shelves are far easier than ikea bullshit and drywall anchors are a tool of last resort. this will beat every stud finder at Home Depot because it uses a burly neodymium magnet to find nail heads as opposed to questionable readings of capacitance.

Congrats. Keep us posted on your automation adventures.