Another day, no more dollars, though

I taught a class at our wonderful LYS today, and generally hung around the entire day. The class was a lot of fun, turns out one of the ladies is someone I knew when I worked at the library. Both of the ladies were fun to be with. Kim has really done wonders in that shop in 3 years. She has taken it from an average shop to a really special gem. I know it's hard for her to be comfortable accepting that we all love her and believe she has done exceptional things, but she has.
On to other things, not so good. Well, we thought we had a fixed rate mortgage. See where this is going? You got it- we had a 7 year arm. That expires next Feb.. It's not certain ruin, we just need to refi, like everyone else. What we don't need to do is freak about it. But husband is upset that he let this slip by him. Thing is, we've almost never stayed anywhere past 5 years. And no one could have known about what would happen in the market. The rates aren't that bad right now, but when you roll in closing costs, plus it looks like our appraisal will be significantly lower, like we're back to square 1 after 7 years. But we still have a house, and we didn't find out about this at the last minute. We can work it out. I'm just worried about how everything is going for all of us right now. I've never been so pessimistic about our everyday living in this country. When average people are concerned about losing houses and food and gas it's bad. We've had recessions before. Personally we're not in trouble yet. But I have to think about how I could prepare. I'm going to find out about the 100 mile diet so I can spend my money locally. Tonight at the grocery store I only bought things that said made in the US. Of course when Tim worked for Ertl Toys in Dyersville they shipped all the manufacturing to Mexico, but kept a core office staff in IA, so they could still say they are American made. Need to do more research.