Oklahoma Mortgage Group - Mike David

Good news! Mortgage rates have started to trend down a bit. While this is great for anyone looking to buy a home, it's important to remember that rates can still fluctuate as they're influenced by several factors. The economy, inflation, and even decisions made by the Federal Reserve all play a role in these changes. It’s true that rates have been easing, but you might still notice some bumps along the way as new economic data comes in. Odeta Kushi, Deputy Chief Economist at First American, puts it best: “The ongoing deceleration in inflation, coupled with the Federal Reserve’s recent indication of potential rate cuts [in 2024], suggests an environment supportive of modest declines in mortgage rates. Barring any unforeseen circumstances and resurgence in inflation, lower mortgage rates could be on the horizon, but the journey towards them might be slow and bumpy.” In short, while you could see lower rates in the future, it’s a good idea to be prepared for some fluctuations alon

Are you worried about a Tulsa housing market crash? Don't be. Unlike 2008, today's Tulsa real estate market is different. Experts agree: a crash is not expected in the near future. Why Tulsa Home Prices Are Stable The key factor is Tulsa housing inventory . For a crash to occur, there would need to be an oversupply of Tulsa homes for sale . Currently, we're experiencing the opposite – an undersupply. This is true even with recent inventory growth. Three Key Factors Impacting Tulsa Real Estate Inventory Existing Tulsa Homes for Sale: While there are more existing homes on the market compared to last year, the overall supply remains low. This means there simply aren't enough homes available to cause a price drop. New Home Construction in Tulsa: Although new home construction has increased, it's not a cause for concern. Tulsa home builders are actually playing catch-up after years of underbuilding. Distressed Property (Foreclosures/Short Sales) in Tulsa: Tha

Are you contemplating a move that will transform your lifestyle while opening up incredible opportunities? Look no further than Tulsa, Oklahoma! With the innovative Tulsa Remote program and the support of the Oklahoma Mortgage Group, relocating to Tulsa has never been more appealing. Let’s explore why you should consider making Tulsa your new home and how we can assist you in this exciting journey. Embrace a New Lifestyle with Tulsa Remote Live, Work, and Grow in Tulsa Tulsa Remote is designed to foster a thriving remote work community right here in Tulsa. This program offers resources to help newcomers thrive, providing an active and supportive community, and an impressive $10,000 to help you make Tulsa your new home. Imagine the possibilities that await you in a city that is not only affordable but also rich in culture and opportunities. Program Details: A Unique Opportunity in a Flourishing City Tulsa Remote offers a unique opportunity in a flourishing city. Here are the details on