For those of you who were able to join us on June 16th at Sugarhouse Park for the first annual Client Appreciate Party in the Park, THANK YOU! It was an amazing day and the weather gods rewarded us with a beautiful Utah early summer day. It was truly spectacular. We had just over 750 clients arrive with their smiling and happy children – ready to see what we had put together for entertainment.
From the number of children I saw being carried half passed out from exhaustion, I believe we did not disappoint. I know my son Zander was literally delirious by the time we left.
The highlights of the event were definitely the huge slide and blow up rappelling wall, a great magic show, more barbeque food than I’ve ever seen before and two live music jam sessions from School of Rock. It was truly incredible and I appreciate all of you who were able to spend the day with us. THANK YOU!
I wish I had a 10 page newsletter this month because there are SO many incredible pictures of kids in attendance, but we are limited to just a few. I hope you enjoy them.
This event was such a success, we definitely plan on throwing it again next year. I’d love your advice and feedback on how to make it even better. Please email me telling me the things you loved or things you thought we might want to include next year. It’s going to be TOUGH to top this, so I definitely need your help! Please email your suggestions to firstname.lastname@example.org. Thank you very much!
I’m going to make a quick transition from the Party in the Park, to the party in the mortgage backed securities and bond market. I believe we are seeing the biggest Bull Run on mortgage backed securities and US treasuries that we will see in our lifetimes. What that means to you, is that there has NEVER been a better time to refinance anything to long term maturities. Right now the 30 and 15 year fixed loans (mortgages, RV’s, boats, business loans, everything) are lower than we will ever see them in our lifetimes; it has been a crazy run that is certain to reverse to higher rates in the near future.
To give you some context, I’ve found a chart of the Freddie Mac 30 year fixed mortgage history going back 30 years. The average rate for a 30 year fixed mortgage is an astounding 8.32%… Today you can get a NO COST mortgage refinance between 3.5% and 4.0% and with closing costs, clients are seeing rates as low as 3.00% on fixed rate long maturity mortgages.
This anomaly is obviously not going to last; it’s one of those opportunities we won’t fully understand until we are back near the average of 8% and look back. At that moment we’ll be dang happy that those of us who could took advantage of these rates.
If you are above 4%, it would be my pleasure to review your situation and advise you on possible money saving refinance opportunities. Please just email me your current mortgage statement and allow me to work up a proposal for you.