Quote of the week…
“Happy are those who dream dreams and are ready to pay the price to make them come true.”
–Leon Suenens, Clergyman
Stan’s slant…
Dear Mortgage Family Member,
HAPPY BIRTHDAY, OJ MORTGAGE!! We celebrated our 22nd anniversary on Valentines Day!
It took over 10 years, but I finally lost the extra weight I put on in my 50’s. (Going through a divorce might have something to do with it.)
Nobody wanted to believe yours truly last year when I predicted mortgage interest rates would fall by the 2nd quarter 2016. But they did. Great time to refinance is once again upon us. FHA, VA, welcome.
- Refinance to lower your monthly payments
- Refinance to consolidate your credit card debt (and lower your monthly payment)
- Refinance to pay off your adjustable rate HELOC (all adjustable rate mortgages will feel the pain of a Federal Reserve rate increases in the near future).
- Refinance to get rid of your PMI
- Refinance to lower your interest rate and payoff your loan much, much sooner.
- Refinance to pull out some cash to do home improvements, create a college fund, buy an investment property, etc.
Rates will probably never be this low again. Don’t wait too long. Pay attention! You should have all year to do so, but try to take advantage of this opportunity by the fall.
Please call me if I can be of help.
I hope this letter finds you and yours enjoying all that life has to offer. I wish you and yours the best of health always.
Remember: balance in all things. Diversify your assets. Think positive. Love yourself and those closest to you.
Respectfully submitted,
Stan
