F**CKING BANKS!

I tried to take advantage of the low interest rates and refinance my house. I am currently at 6 and 3/4 percent. I would save almost 200 dollars a month on my mortgage payment. My credit score is in the upper 700's and I have not paid any bill late in the last 15 years. I went to the same bank that I currently have my mortgage with, and they turned me down because of my income to debt ratio. So the bank that I have made 60 straight payments to, all on time, now thinks that I am a risk, even though my payments would be 200 dollars less. I tried another bank and they flinched at the ratio also.(I'm at 50% and the banks like you at 40%) So let me get this straight, I work, pay taxes that get converted into money to bail out banks, then the banks take that money and buy other banks, so that they can deny a good risk a cheaper payment, while the government works out a way to give all the high risk people a break! It does not pay to be a fucking hard working, responsible person, anymore!