I bought a house at the bottom of the market 9 years ago and at 3.25%, I figured I'd never refinance. I sold that house last year for a little over twice what I paid for it, bought another house that cost twice as much as that, with a 2.35% loan this time...with about $60K in renovations in the last six months, the value has gone up over $200k already (mostly due to appreciation, though a tidy chunk due to adding 400sf of living space to a 2800sf house).

'Course, it's not a box of baseball cards, or a very thin stack of Clevelands, but it's getting me by. If only I qualified for some of that good ol' Socialism I'd have all of that, plus $1,400.

Fish on...

Todd