Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac.
Although rates have held below 5 percent since early May, Michael Fratantoni of the Mortgage Bankers Association notes that demand for purchase loans has fallen in six of the past seven weeks and now is at a 13-year low. Consumers have grown used to low rates, he explains, adding that they balk at buying because they are more concerned about stagnant wages and high unemployment.
This news means very low monthly investments on new homes that are already at very affordable values. Shaw Homes has several new homes ready for move-in with great incentives for those who are in a position to take advantage of these great opportunities for new homes in Tulsa, Broken Arrow, Owasso, Jenks and Bixby. Talk to our Online Sales Counselor for more details.
Source: Washington Post, Dina ElBoghdady (06/25/10)
Terrell’s provides best home roofing services in Oklahoma City, along with home siding and window installation at window installation prices. If you are looking for replacement windows in Oklahoma City, then Terrell Windows is your best option.
ReplyDeleteThe role of a car insurance broker is to act as an intermediary and communication point between the customer seeking insurance and the Insurance Company. Within this role there are various functions that he carries out in interaction both with the car insurance buying public and the Insurer with who he places the business. MORTGAGE REFINANCING EDMONTON
ReplyDeleteAs the name proposes, yearly rate, or APR, is the expense of a mortgage cited in a yearly rate. The yearly rate is a decent way of contrasting the proposals from various moneylenders dependent on the yearly expense of each advance. gold loan
ReplyDeleteMost of payday credits are accessible on the web, so there is no postponement with faxing or posting of archives. The application cycle is fast and simple to finish. national payday loan relief
ReplyDeleteThe content is not entirely settled preceding the customer arrangement, and is unoriginal. Whitefish Mortgage
ReplyDeleteRemortgaging is the process of switching your mortgage to another lender that is offering a better deal than your current lender thereby saving money. flex loan
ReplyDeleteWow, this news couldn't have come at a better time! With mortgage rates hitting an all-time low for new homes in Tulsa, it's like a golden opportunity knocking on the door for prospective homeowners. The prospect of securing a dream home with such favorable rates is incredibly exciting. However, while diving into the world of real estate, it's also essential to keep in mind the importance of balancing investments with experiences. Speaking of which, I'd love to learn more about luxury morocco desert tours. As much as owning a home is a significant milestone, enriching our lives with unforgettable adventures is equally essential. If anyone has information or recommendations about these tours, please do share!
ReplyDeleteI’m not a fan of blogs, but yours is structured so well, that I can’t stop reading. Great work!
ReplyDeletethe madness of crowds