Sweet Deal

It should not go unmentioned that we modified our mortgage loan yesterday. I know it sounds crazy. We just started payments on it late last year and it seems too soon to be making changes. But interest rates are lower now, and we felt like we were overpaying. Our credit union has a deal where you give them $500 and they give you the current rate while leaving all other terms of the mortgage alone. How could we resist? This small change will lower our monthly payments and save us about $20,000 over the life of the loan. Sweet, huh?