I’ve been thinking about North Dakota since they seem to be ignoring the recession currently.
However I’m underwater on my house due to falling housing market, but current with a good mortgage, not one of those ARM NINJA loans that caused this whole problem to begin with. So am pretty much locked here till something can be resolved on that front.
>>However I’m underwater on my house due to falling housing market, but current with a good mortgage, not one of those ARM NINJA loans that caused this whole problem to begin with.<<
FReepers are smart. I always have been uncomfortable with ARMS and have insisted on Fixed rate from the beginning (re-fied a few years back to 5%). I will pay off the house early next year (Mrs. FD, Household CFO, says March, 2011) and I should be able to make a bit of a profit (MOVING TO TEXAS!!!). But if this had been 6 or 7 years ago I could have sold and pocketed a ton of dough to boot (California economy).
I hope all goes well for you.