Oklahoma Mortgage Group - Mike David

What Happened in the Recent Federal Meeting? - In the recent Federal meeting in September 2023, there were no changes made to the main interest rate (Fed funds rate). It remains between 5.25% and 5.50%. - Everyone was expecting this decision, so no surprises there. - The main insights from the meeting will come from the Economic Projections summary and the press conference by Chair Powell. Why Does This Matter? - Any changes in the Federal statements can impact the bond market. For example, if the Federal Reserve sounds more aggressive about controlling inflation, it could lead to higher bond yields. - This summary will give us an idea about future rate changes. It will tell us if rates might go up again or when they might be reduced. What's the Current Market Situation? - The economy is doing well, and there's a chance we might avoid a recession. - However, there's been a recent increase in inflation. This has made everyone watchful about how the Federal Reserve might reac

You know, I've often thought that buying a home is a lot like seeking the perfect cup of coffee. Sometimes it's too hot or too cold, occasionally it’s too weak or too strong, and then there are those times you wonder, "Who put pumpkin spice in this in April?" But what if, in this bustling housing market, you could brew your dream home just the way you like it?  **Customize Don't Compromise!** Ever marveled at custom latte art? Those impressive foam images where a barista seems to have recreated a miniature Mona Lisa? Now imagine that kind of personal touch, but with your home. "But Mike," you ponder, "Isn't constructing a home a tad...complex?" Ah, not when Waterstone Mortgage has your back! **Constructing with Waterstone: The Perfect Recipe** Waterstone Mortgage offers an unbeatable One-Time Close Construction Loan, and here's what makes it so special: 1. **One-Time Close**: Eliminate the hassle of multiple closings. From land purchase