I love credit cards so much! v3.0 (see first page for add'l details)

[Judique]

wow I need to run some numbers to see if it makes sense to refi..... (prob not for us but I'm checking anyway)

Are you a Navy Fed member? If so, don't forget that if you have one of those promotional .25 rate reduction letters lying around you can use it on mortgages as well as other loans. They send them on significant anniversaries of membership. They don't expire. They'll also be on your account somewhere I believe.

 

[hsmamato2]

Are you a Navy Fed member? If so, don't forget that if you have one of those promotional .25 rate reduction letters lying around you can use it on mortgages as well as other loans. They send them on significant anniversaries of membership. They don't expire. They'll also be on your account somewhere I believe.

I'm not a member... but I'm going to check around...at this point I'm thinking it won't be worth it as we have so 'little' left on our mortgage,it's a pretty low rate (3.25) and we're already double timing it on payments to finish earlier..... plus DH will balk at the fuss of a refi (again lol) but the wheels are always turning in my head sooo.....

 

[disfanforlife]

And, Moonlight Magic for the 2 April dates is now filled. I didn't get myself a space because I couldn't find the night on property that would have pleased me.

I may still go but it is less likely as the weather improves here. We have a high today of 72 and sunny. Makes me less anxious to run away to better weather in Florida.

I'll be outside soon as it gets to 60ties, probably 11am ish. I've got a lot of yard clean up waiting for me as in blown leaves from my neighbor's trees out front and limbs and blown in debris in the far back part of my property. Plus I have a couple of green leaved bushes that need to be trimmed. I don't remember what they are called but they live through winter but frost will turn the outer leaves black but doesn't kill these plants. In retrospect maybe I should just wait until April as frost may still occur.

My front yard is also full of yellow jonquils right now as they started blooming end of February, plus I have a weird bush that is full of pink flowers. It was here when I arrived and has somehow survived my efforts to kill it off all these years. I also want to transplant some stuff that is now growing where I want to put other plants.

In credit card news, under 5/24 is rapidly approaching and I desperately want a CIP!!! For 2 reasons, so I can get the points and so I can transfer existing points to my Hyatt account for next year's summer trip. It's been tempting to just cash out my little bit of UR's for actual cash and use it for 'little' trips, but 100K of UR's is 5 nights at a Hyatt that would cost me $2500 plus tax in July, versus a $1000 in everyday cash. Gotta keep focused here!

I understand, it is supposed to hit 50 here! Unheard of this time of year. We are still going on our trip to WDW - leaving this Saturday.
I hope none of our flowers come up too soon because when that happens there is sure to be cold weather coming and it just ruins them for the spring.
I am thinking about a CIP soon too. I have a big bill coming up in June....
Also trading to Hyatt sounds great - especially if I could convince my DH to go to Hawaii.

 

[Judique]

I'm not a member... but I'm going to check around...at this point I'm thinking it won't be worth it as we have so 'little' left on our mortgage,it's a pretty low rate (3.25) and we're already double timing it on payments to finish earlier..... plus DH will balk at the fuss of a refi (again lol) but the wheels are always turning in my head sooo.....

I wouldn't refinance a 3.25 loan with a 'little' left on it that I was double timing on. In fact, I probably wouldn't refi anything unless the % difference was at least 1 and 1/2 at o points on a much newer loan. Checking doesn't hurt. Also, in 'my' head's calculations how much longer I intended to keep the house would also be a consideration.

I've been doing some minor estate planning in my own lame brain lately. One is 'other ways to deal with giving my home to my kids upon my demise'. This is not to be confused with a will or a trust already in place.

Selling my home to my younger daughter is high on the list, although I have not had any discussion about this. After reading a bunch of stuff, I've come to the conclusion that selling the home at market value is the best way to keep uncle sam happy and away from creating other troubles at tax time.

This would leave the cash obtained in my hands and give me the ability to gift it in segments to my children as needed. I have enough income and assets to take care of myself without the house. And, I could then pay rent to my daughter.

She has the income and assets to afford the home without my help. She would be free to keep it or move on as the case may be and although I would somewhat prefer to stay, I'm open to leaving.

My biggest fear is that 'market value' will skyrocket after this recession like it did in the early 2000's around here and then go plop a few years later. Like it did in 2008 around here. Everything cycles. Now is the time to buy.

Starting the gifting process at this time would help all three in their future needs for homes and education funding for grandchildren, particularly, my son, who is actively saving for a home.

 

[georgina]

Quick question for those who have PC'd Chase business cards - when PCing a CIP to CIU I discovered it needed a $5000 CL first. Is the same true for a PC of CIP to CIC?

 

[Judique]

Quick question for those who have PC'd Chase business cards - when PCing a CIP to CIU I discovered it needed a $5000 CL first. Is the same true for a PC of CIP to CIC?

I don't know the answer but I would guess at yes.

That said, my CIU was approved with a $4000 limit. I did already have a good amount of Chase credit at the time and still do. They didn't juggle any around. I have a total of 7 Chase cards none of which I intend to give up as four of them are free night cards and 2 of them are UR cards. Well, maybe I will toss the free Disney card if they want some credit line for my next card.

 

[georgina]

I don't know the answer but I would guess at yes.

That said, my CIU was approved with a $4000 limit. I did already have a good amount of Chase credit at the time and still do. They didn't juggle any around. I have a total of 7 Chase cards none of which I intend to give up as four of them are free night cards and 2 of them are UR cards. Well, maybe I will toss the free Disney card if they want some credit line for my next card.

I have 5 Chase cards at the moment (DH has 6), and I'm 5/24 until June. I may just cancel instead of PCing and apply for a new card with a SUB down the road. Decisions, decisions!

 

[Alexle2007]

Quick question for those who have PC'd Chase business cards - when PCing a CIP to CIU I discovered it needed a $5000 CL first. Is the same true for a PC of CIP to CIC?

Yes. I just did this the other day and had to move credit around since I have been reducing my balances. It was an easy process though.

 

[palhockeymomof2]

I don't know the answer but I would guess at yes.

That said, my CIU was approved with a $4000 limit. I did already have a good amount of Chase credit at the time and still do. They didn't juggle any around. I have a total of 7 Chase cards none of which I intend to give up as four of them are free night cards and 2 of them are UR cards. Well, maybe I will toss the free Disney card if they want some credit line for my next card.

I have 9 chase cards...5 personal and 4 business..but the CLs are reduced on the cards that aren’t used much....my no fee Disney card has a $1k CL

 

[Judique]

haha my misinformed delivery just arrived at 12:56pm.

In it there is an invite to a free gourmet meal to McCormick and Schmicks - I can't see the other side but I'm guessing it's one of these free retirement seminars where the giver is an investment counselor. Hopefully I'll be in town and can go this time.

They seem to be upping their game to some fairly decent restaurants around here.

 

[striker1064]

Got our tickets to Hamilton at the Kennedy Center! We missed this run for various reasons in 2018, so even though it wasn't totally necessary to sit in the queue for 3 hours, it ensured we are going this time.

 

[magickingdomprincess]

Are you a Navy Fed member right now? I am not sure about joining after the Service Member passes on, but if you go to the NFCU website, and search 'membership' (it's a drop down menu on the front page) it may tell you. I do know that if he was a member and was alive, you could definitely join. The 'join' rules are very lenient over all. If the service member was not a NFCU member and you have access to his DD214, I'm pretty sure you can join. If any of your immediate relatives did join, they can sponsor you.

Refi - you can go to the Navy Fed site and read all the info without a sign in. It is pretty thorough.

Anyone who is eligible should join. It's $5 and otherwise fee free unless you screw up.

Thank you for the info. No, I'm not currently a member, and I don't think my dad was either. I do have have his DD214 somewhere, I'll have to check into it. Thanks for posting about this!

I checked our current mortgage bank's rates and their 15 year rate is 2.75 with no points. I called and spoke with a loan officer who is supposed to get back with me with some numbers. She also said there's another option to do an "endorsement" which means we wouldn't have to go through the whole refinance process, which she said was pretty much like starting over getting new appraisals, being approved, etc. The rate on it is 2.85%, with $1100 flat fee. Our current mortgage rate is 3.875%, with 25 years left on our 30 year mortgage. It might be an option too. I would really love to shave 10 years off our mortgage!

 

[Alexle2007]

Thank you for the info. No, I'm not currently a member, and I don't think my dad was either. I do have have his DD214 somewhere, I'll have to check into it. Thanks for posting about this!

I checked our current mortgage bank's rates and their 15 year rate is 2.75 with no points. I called and spoke with a loan officer who is supposed to get back with me with some numbers. She also said there's another option to do an "endorsement" which means we wouldn't have to go through the whole refinance process, which she said was pretty much like starting over getting new appraisals, being approved, etc. The rate on it is 2.85%, with $1100 flat fee. Our current mortgage rate is 3.875%, with 25 years left on our 30 year mortgage. It might be an option too. I would really love to shave 10 years off our mortgage!

That’s a great rate! We refi in 12/2012 to 2.625% for 15 years, it is amazing when we look at our balance to see how quickly it is decreasing.

Good luck!

 

[Grumpy's Gal]

Is this the week SW will open up September flights?

 

[magickingdomprincess]

Just chatted, I would be eligible to join NFCU. I'm kind of getting excited about this!

 

[magickingdomprincess]

That’s a great rate! We refi in 12/2012 to 2.625% for 15 years, it is amazing when we look at our balance to see how quickly it is decreasing.

Good luck!

Thank you!

 

[Calfan]

The 50k SUB points from my CIU were in my Chase account this morning!

 

[palhockeymomof2]

Is this the week SW will open up September flights?

Yes on Thursday

 

[Haley R]

Our next Tokyo Disney vlog:

 

[Haley R]

Apparently one of my relatives is on that cruise off the coast of California. My dad just told me today