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Real Estate
Reply to "if you bought with zero down during the boom..."
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[quote=Anonymous]Spouse did, and got lucky. If we'd been together at the time, it NEVER would have happened. Bought late 2003, zero down, ARM, borrowed for closing costs too on $300k N Arl fixer upper. Now after some renovations (paid cash for those, and did much of the work ourselves or by family) it is pretty comfortable to live in and worth much more. We've refinanced into a 15 yr fixed since then, and just refinanced last year into another 15-year fixed at 2.87% interest rate. Owe under $250k now.[/quote]
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