The Stonebrook Letter
Vol. 23, No. 4
How’s Real Estate
This week, mortgage rates eased down to 4.125% on a 30-year conventional loan. (FHA/VA loans at 3.625%!) To appreciate how low rates are, take a look at mortgage rates since 1975. They are almost as low today as they have been in 50 years.
Ken and Terry Combine
In April, my brother, Ken and I are combining our offices to 1011 W. Poplar Ave. in Collierville. Ken and his wife, Karen, have lived in Collierville for 20+ years. Like me, he graduated from Messick High (1979) and from the University of Memphis (BBA, Logistics 1983). He worked with Mike Starnes at M.S. Carriers for many years, then entered real estate after M.S. Carriers was sold to Phoenix-based Swift Transportation in 2001.
Ken specializes in Collierville, Germantown, Cordova and East Memphis. He is an outstanding Realtor and I am proud to team with him!
Mo. P & I
1011 W. Poplar, Suite 8
At 4.125%, the payment is $485 monthly per $100,000 loan. In 1982, mortgage rates averaged 16.04% for a payment of $1,348! Give me a call to take advantage of low mortgage rates.
Source: Freddie Mac
Ken and Terry
Mail to Email Conversion
Mary and I mailed our first Stonebrook Letter in 1981. Pictured is a photo with NAR President John Wood recognizing our letter at a 1981 CRS Convention in Nashville.
Today we are emailed the Daily Memphian newspaper and our weekly church newsletter. Starting in May, we are going email, too. We have email addresses for around 300 of the 400 families we mail. We will both mail and email the April newsletter. Please check your email for our letter. If you don’t receive it, let us know by emailing firstname.lastname@example.org or texting 901-568-0100 with your updated email address.
We think you will enjoy the color photos and easy to read layout of the digital newsletter. It will be easy to forward or print if you see an article or recipe to share.
Terry with John Wood
An Amish home near Pontotoc, MS
Visiting the Amish
4-tier greenhouse from Aldi
Thought for the Month
“All the art of living lies in a fine mingling of letting go and holding on.”
— Havelock Ellis
Recipe: Cheesy Breakfast Casserole
1 lb. sliced bacon, diced
Preheat oven to 358˚. Grease a 9x13 baking dish. Heat a large skillet over medium-high heat; cook and stir bacon and onion until bacon is evenly browned, about 10 minutes. Drain and transfer to a large bowl. Stir in potatoes, eggs and 3 cheeses. Pour mixture into prepared baking dish. Bake in preheated oven until eggs are set and cheese if melted, 45 to 50 minutes. Let stand 10 minutes before cutting and serving.