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Gas Prices Keep Rising : Refinance now :P

By
Mortgage and Lending with Independent

Gas

 

LOL - Ok now that I got your attention

 

CNN just reported

Survey: Gas prices rise 9 cents in 2 weeks

A gallon of gas rose to $3.20 on average, national survey of gas stations says

 

I been noticing the prices rise recently too and man I cringe every time I keep seeing it go up.  As a Loan Officer I don't get out on much appointments like Realtors do, So I am probably assuming you guys are fed up with the rising gas price more than anyone else.

I drive a BMW 5 series now its about 25mpg on average, full tank is about $50 a week which = to about $200 a month.  The commute is just from home to office about 20miles and occasionally to client's houses if they can't come to the office. I hear a lot of Realtors talk about its killing them on gas just appointments, my condolences.

I think its about time to get one of those eco friendly hybrid cars that is GREAT on gas!  Been doing some research and they are actually producing more Hybrids that look great now instead of those ugly box looking cars!

Check out this Benz Hybrid, talk about Sexy and yes its a Hybrid!!! :)

Benz

 

Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent
Really hot car, I am thinking about a motorcycle.  I wish I had a shower at the office.  I would ride my bike to work everyday
Mar 10, 2008 04:17 AM
Brian Schulman
Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA
Lancaster County PA RealEstate Expert 717-951-5552
High gas prices make it more important than ever that we not allow ourselves to become merely chauffeurs.
Mar 10, 2008 04:26 AM
n d
Naoma Doriguzzi - Virginia Beach, VA
I know thanks for the reminder! :(  It isn't helping much with gas going up as well.  I need a hybrid.  I know I feel bad for the realtors driving all over town. 
Mar 10, 2008 05:10 AM
Steve Hula
All Star Real Estate - Clarksville, AR
All Star Real Estate - Team Hula
I know of several that have tried to do a refi, but the appraisers are becoming very tight with their appraisals, and people are having a harder time making ends meet, thus producing more debit and lower credit scores.  The price of gas is having a huge negative effect on a home owner's income/debit ratio!  A few years ago when a buyer did a loan application, it did not take into account the price of fuel and the effects that this price increase has on all consumer products across the board!  When I bought my home 3 years ago, I was spending about $50 a week, or about $250 month on gas.  I now spend about 4 times that amount, around $800 a month for the same amount of gas!  I don't know many home owner's who can absorb that kind of a price jump in the monthly budget!  The price of gas has now cost many a home owner their monthly house payment!  The big oil people in Washington are making more money than ever, and their personal stake in the economy is better than ever! I hope that the working class can all just hang on until the elections!  In other countries around the world, the citizens would rebel and would not stand for their government to allow this to happen! Why do we? 
Mar 11, 2008 01:51 AM