here's the thing, my last refinance was based on "no income" because i didn't have any steady income. why do banks think that every single person has a series of 9 to 5 jobs, especially when most people don't these days? so, to make themselves feel better about me having no income, they took into account all my retirement savings, which was about $250,000 at the time. of course, now it's more like $150,000 thanks to the stock market. all my debt, including mortgage, home eq & credit cards is just under $200,000 for an apt that was last appraised for $550,000.
On paper I should be in good shape, but i doubt that's what the banks will think. UGH! i want to combine everything and get a low interest rate, but i'm dreading the banks making me feel like a big, broke loooser.
i've been watching the media industry a bit and it's a mess. everyone's getting laid off and whoever is working is too freaked out to make a decision, so consultants are left waiting and waiting and then expected to perform miracles for nothing. it's very much like when i first moved to nyc in 1989.
right now, what i'm most worried about is worry. it's not helping, but at the same time, would i be insane if i didn't let this bother me?
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