Good Monday Morning!
I hope everyone enjoyed the beautiful weekend after the ugly ice storm last week. It looks like more of the same in the near future.
Mortgage interest rates increased slightly last week. This is a continuation of the interest rate roller coaster ride that we have been on for months. My opinion is that rates will decline again in the near future. Even though mortgage interest rates remain very attractive at just over 5% for thirty year fixed financing, the slight increase makes it harder for many to purchase a home. This is a stark reminder that a 1% raise in mortgage interest rates can drop a prospective buyer's price range 10%. There will be a time in the not so distant future when the mortgage rates take a turn upwards and don't head back down again. It is for this reason that I continually repeat the fact that we have the opportunity of a lifetime right now with low financing rates and low home prices. If you are on the fence about purchasing a home, I would suggest that you think about this scenario long and hard.
Have a good week!
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1308 N Cypress Ave, Broken Arrow, Oklahoma
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Price: $115,000.00
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Beds: 3
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Baths: 2
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Sq Ft: 1291
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Description: Deborah Green | RE/MAX Executives | 918-282-6385 1308 N Cypress Ave, Broken Arrow, OK Great 3 bedroom, 2 bath, 2 car garage ....
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2318 W Newton Court, Tulsa, Oklahoma
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Price: $105,000.00
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Beds: 3
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Baths: 2
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Sq Ft: 1440
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Description: 2318 W Newton Ct, Tulsa, OK 74127 $105,000 3 Bedroom 2 Bath 2 Car Garage Fabulous, move-in-ready home near Gilcrease. Great 3 bedroom, 2 bath, 2 car garage on corner lot of a cul ....
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2621 S Maple Ave., Broken Arrow, Oklahoma
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Price: $125,000.00
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Beds: 3
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Baths: 2
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Sq Ft: 1316
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Description: *** WONDERFUL UPDATED 3/2/2 WITH LARGE LOT! *** Vandever Acres 2621 S Maple Ave, Broken Arrow, OK 74012 Deborah Green | RE/MAX Executives | 918-282-6385 ....
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4105 S Redbud Ave., Broken Arrow, Oklahoma
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Price: $160,000.00
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Beds: 4
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Baths: 2
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Sq Ft: 2380
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Description: *** Fabulous Updated 4 Bedroom + Gameroom *** Fabulous, updated home in Silvertree. Great 4 bedroom + gameroom, 2 bath, 2 car garage. 4th bedroom currently used as office. ....
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Sincerely,
Deborah Green
Now for your Morning Coffee!