Good Morning, Kittens.
I got some good news yesterday. As you may know, the mortgage on my apartment is a 5-1 ARM. That means, I paid the same interest rate for 5 years. Then, it adjusts every year after that based on some weird financial calculation that I don't understand. Five years ago, I got a decent rate (after paying a point*) of 5.75%. Yesterday, I received a letter from the mortgage company explaining that my new rate will go into effect on 1 January. Whoa. Have I been in my place for 5 years? And I *still* haven't redone the kitchen? Why do I suck at this kind of stuff?
Anyway, my new interest rate? It is an awesome (and low) 3%. CRAZY. Which without going into too much detail, means that I can pay about $200 less a month than I'm paying now and STILL be paying more principal than I am now. INSANE!
What am I going to do with that extra money? Probably drink it. Haha. Seriously, I think I will do a "Pay Myself" program, in which I deposit the difference into a separate savings account. Happy happy!
I also got a fun, surprise present in the mail. AND, I ordered a cute pair of skinny cords from Levis.com. 30% off! Free shipping!
Meanwhile, pottery class was pretty good. I got back two finished items: this little teacup and a slightly larger similarly glazed, similarly shaped, possibly useless bowl-cup-thing. It's too large for a teacup/mug, but too small to be a useful bowl. Maybe it could hold M&Ms. Or candy corns. Or something.
I trimmed the platter that I almost put my finger through on Sunday. I think it will be OK. It's a wedding present (if it turns out). And, I threw a round vase. Good times!
Today, after surviving work, I need to go for a run (only 5 more sleeps 'til the 10K - ACK!) and do some cleaning.
*This has something to do with paying a little bit extra and the bank lowers the interest rate by one point