Posts Tagged ‘Homebuying’

If you have not Refinanced yet, Why not? Do you need a personal Invitation?

If so, here it is……

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You are cordially invited to save hundreds of dollars off your monthly mortgage payment by refinancing your loan today. Dan Shlufman and Classic Mortgage hereby request the presence of your loan application at our processing center in Maywood, NJ. We would be thrilled to share this special time in history with you when we have the lowest interest rates on record.

The pleasure of your patronage is respectfully requested. Please RSVP to the contact information listed below at your earliest convenience. We want to make sure that we have funds put aside so that you can enjoy a lower monthly payment for 15, 20 or 30 years.

 

If you would like us to book a hotel or a flight which you can pay for with these savings, please let us know. Also, if you need cash to pay off high interest credit cards; for a home renovation; college or a business investment, you can do that too.

Contact me today and find out how you can save hundreds of dollars on your monthly payment by refinancing. You can also buy a new home with a great interest rate. As Eddie the pitchman from the 80’s might say, “act now, these Crazy rates won’t last forever!”

 

Warmly (or, maybe with this weekend’s weather, I should write “Hotly”),

 

Daniel M. Shlufman, Esq.

 

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BREAKING MORTGAGE NEWS-Rates to Plunge on Brexit!

Last night, the United Kingdom shocked the world by voting 52% to 48% to leave the European Union. Though their Prime Minister David Cameron campaigned hard against the withdrawal, the British people decided that it was in their best interest to do so. This vote is seen as an anti-immigrant one as the UK wants to limit access to its borders. As a result of the financial uncertainly this has caused, MORTGAGE RATES WILL BE PLUMMETING today and at least in the short term.

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So, what does this have to do with mortgages? Well, I am glad you asked! As the financial analysts and traders were blindsided by the result of the vote, the world stock markets are in turmoil. The British Pound is at a 30 year low v. the dollar and the Dow Jones is down 3% before the open. As a result, the yields on the 10 year US Treasury, which is one of the indexes that effects mortgage rates is down 22 points. That means that mortgage rates are going to open significantly lower today.

If you can act fast, there may be a unique opportunity to refinance and take advantage of what may be a significant “blip’ in the market. This could last for some time until the markets stabilize but there is no way to know. What I can predict with relative accuracy is that today, mortgage rates should be the lowest they have been for the year.

Contact me today and find out how you can save hundreds of dollars on your monthly payment by refinancing! Have a great weekend.

Regards,

Dan

Memorial Day, A Time to Remember Those Who Fought and Died to Protect our Freedom

This month, instead of writing about mortgages or real estate, I am going to write about the importance of Memorial Day. To avoid too much heaviness, I will end with some interesting facts! And, after Memorial Day, if you are looking for a house or have a high interest mortgage loan, please reach out to see how I can assist!

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Memorial Day is not all about barbeques and a long beach weekend. Though it has morphed into the unofficial start of summer, Memorial Day is really about honoring the men and women who died while serving in the United States military. Beginning with the Civil War, over 1,200,000 soldiers have died during wartime. We owe it to their memory to take some time out of our day next Monday to remember their sacrifices. As the famous quote says, “all gave some and some gave all.” In these divisive times with our unprecedented fractured populace, we need to remember what we have in common and not what drives us apart. For all the ideological differences that exist, we must never forget the freedoms we have or the lives that have been lost in pursuit of these freedoms.

Memorial Day was first observed after the Civil War as a response to the unprecedented carnage of the Civil War with over 620,000 casualties on both sides. It was originally known as Decoration Day when flowers, wreaths and flags were placed on the graves of soldiers. It has become an American holiday observed on the last day of May since 1971. Memorial Day is a federal holiday when all non-essential government offices are closed. In 2000, Congress established a National Moment of Remembrance where Americans pause for one minute at 3:00 PM in an act of national unity.

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Memorial Day Facts:

1. More than 36 million Americans will travel at least 50 miles from home on Memorial Day
2. It is a tradition to fly the American flag at half-mast from dawn until noon and then at full height for the rest of the day
3. Waterloo, New York is considered the birthplace of Memorial Day since it began its annual community service in 1866.
4. The tradition of wearing red poppies on Memorial Day originated from John McCrae’s 1915 poem In Flanders Fields.
5. In 1868, President Ulysses S. Grant presided over the first Memorial Day ceremony at Arlington National Cemetery (which was Robert E. Lee’s plantation prior to 1864)

Happy Memorial Day!