I hadn't played in half a year so I updated Skyrim, pruned through old mods, and installed some new ones. Since then I've been playing over the past few days and have had no issues whatsoever.

Now today I bought Dawnguard, ran BOSS, installed a couple of mod updates, and installed new drivers for my graphics card. When I came back I had this issue. Essentially any time I'm in first person and am around water, smoke, etc. I get this ugly white border around my hands and weapons. The closer I get to the water source, the larger the white distortion gets. The white graphical glitch moves consistently with the water, smoke etc. moving in the background. I've noticed since then that the distortion seems to match whatever color the ambient light is in the area, and seems to be more intense the brighter the surrounding light.

I first thought it was my graphic card drivers because I had just updated them, but I rolled back to the previous version with a clean driver install and it's still happening. I also went through each of the newly updated mods and disabled them one-by-one and checked in game and it's still an issue. I can list my installed mods if that will help. Research into this hasn't yielded much help, anti-aliasing settings don't effect it in the slightest, and it was not happening whatsoever before.

Any help would be appreciated, it's very distracting when I play.

Thanks!

I can PM a link to a picture if that could help.