DEEDEE Y asked:


Like what is your mortgage…and how much did you put down on your home and how much did your home cost…Yes I know this is personal but I want to know as I am putting 25 percent down on a New House that cost 419,000.
Well its not a mansion, its in Edmonton Alberta Canada…house prices like this are the norm!
Its 3000 Total living space,2200 on first and second floor.
All the house in this specific neighboorhood are about 400,000 and up.

Claudia

lmp asked:


My girlfriend and I bought our first new house in Arizona at the end of the buying boom in December 2005. It is an interest only ARM at 8.1%. We got in cheap, but we both make more money now and can afford our $1867/mo payment. We know we have to refinance at the end of 2 years. We are not sure of the equity gained, as the housing market has slowed. The house is in great shape, we had nothing to do to it. What type of loan should we look for and when should we refinance?

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