That last one is a riot. Adjustable rate? No way, no how. Life is uncertain enough.
It really wasn't as bad as it looks. In fact, it seems like the documents were clearer and easier to understand than the last time we refinanced, 10 years ago. But I wasn't going to let Geoff, or Unknown, rush me — not even in the quest for a rate drop from 6½ percent to 3¼. (For historical purposes, kids: We got a first-time buyer mortgage at 9 percent interest in 1999.)
On Thursday, Unknown called back to let me know that Wells Fargo had received everything required to go forward. In 20 to 25 days, she said, the loan processing department would be in touch to get us toward closing on or before Jan. 31.
Meanwhile, like so many others before us, my wife and are praying, sending good karma and happy thoughts to the skies in hopes of an appraisal that hits or surpasses the mark we need to do what we want to do. I'll keep y'all posted.