…to my last post about mortgages, the banks, and my unrequited desire to refinance. At this point in time, due to the decline in housing prices, I am ever-so-slightly above water equity-wise. And because I’m neither FMae or FMac, standard equity rules apply. What torques me off about that is that if it weren’t for the banks I don’t know that we’d be facing the demise in equity that we’re facing at the moment.
