Posts
Showing posts with the label mortgage rates tulsa
Why Mortgage Rates Remain Elevated: Understanding the Connection Between Jobless Claims and Treasury Yields
- Get link
- X
- Other Apps
If youβve been wondering why mortgage rates remain stubbornly high, the answer lies in the strength of the U.S. job market and its impact on key financial indicators like the 10-year Treasury yield. Letβs break it down: Mortgage rates often follow the 10-year Treasury yield, which reflects investor sentiment about the economy. As of early 2025, the 10-year Treasury yield is holding near 4.6%, a level that continues to support elevated mortgage rates. But why is the yield so high? The resilience of the labor market plays a significant role. Recent data shows that jobless claimsβan indicator of layoffsβremain low, with seasonally adjusted claims at just 211,000 in December 2024. This signals a strong job market, which reassures investors that the economy can withstand higher interest rates. As a result, the Federal Reserve has less incentive to cut rates, and bond yields stay elevated. This dynamic has a direct impact on mortgage rates. For prospective homebuyers, it means rates may not ...
3 Factors that Can Impact Your Mortgage Rate
- Get link
- X
- Other Apps

If youβve heard about the recent Federal Funds Rate cut by the Federal Reserve, you might think mortgage rates are set to drop immediately. However, mortgage rates are influenced by more than just the Fedβs actions. Factors like inflation, the job market, geopolitical events, and other economic variables all play a role. While the Fedβs moves may eventually lead to lower mortgage rates, the process will be gradual and potentially uneven. Rather than trying to time the market, focus on the aspects you can control to position yourself for success in todayβs housing market. 1. Your Credit Score Your credit score significantly impacts your mortgage rate. Higher scores often lead to lower rates and better terms. Small improvements to your score can make a big difference in your monthly payment. Reach out to a loan officer to understand your current score and how to improve it. 2. Your Loan Type From conventional to FHA, USDA, and VA loans, each type offers different rates and terms. Explori...
The Big Difference Between Renter and Homeowner Net Worth
- Get link
- X
- Other Apps

Did you know the typical homeownerβs net worth is roughly 40x greater than a renterβs? Itβs a staggering statistic that highlights the profound financial benefits of homeownership. Owning a home is the #1 way to build wealth in the U.S., and itβs a key step toward financial security and independence. Hereβs why: when you own a home, your net worth grows as you pay down your mortgage and as home values rise over time. This wealth-building power, often referred to as equity accumulation , is something renters miss out on. Renters pay monthly for housing but donβt get to reap the rewards of equity or appreciation, which are two major drivers of homeowner net worth. The numbers tell the story. According to data from The Federal Reserve, homeowners consistently build equity while rentersβ financial growth remains limited. For example, while home values have risen significantly over the last decade, rentersβ net worth has increased only marginally. This growing gap showcases how own...
Breaking News: Fed's July Decision Could Mean Big Changes for Tulsa Mortgage Rates
- Get link
- X
- Other Apps
Understanding the Latest Federal Open Market Committee (FOMC) Decision At its July 2024 meeting, the Federal Open Market Committee announced no change to the Fed funds rate, keeping it at 5.25% to 5.50%, the highest level in 23 years. This decision aligns with market expectations and reflects a careful approach by the Fed despite recent calls for a rate cut. Key Takeaways for Tulsa Realtors and Homebuyers Future Rate Cuts Expected : Market anticipation is high (near 100%) for the first rate cut at the next FOMC meeting on September 18. Future rate cuts could begin a new cycle, potentially starting in September. Market Indicators : Balanced risks between employment and price stability suggest a shift towards rate cuts. Keep an eye on upcoming inflation and job market data. Challenges Ahead : Consider the impact of the presidential election, geopolitical risks, and economic trends. Anticipate changes in U.S. Treasury financing auctions affecting interest rates. Near-Term Focus : Monitor ...
Tulsa Real Estate Update: No Crash in Sight for Tulsa Mortgage Market
- Get link
- X
- Other Apps

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 β 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...
Why Moving to Tulsa is Your Best Decision: Discover the Benefits with Tulsa Remote
- Get link
- X
- Other Apps
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. Letβs 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 ...
Decoding Tulsa Mortgage Rates: Your OMG Guide to Making Sense of the Market
- Get link
- X
- Other Apps

Hey there, Tulsa house hunters and homeowners! π Let's discuss the topic that's probably on most people's minds these days: Tulsa mortgage rates. We know they've been a bit of a rollercoaster lately, and that can make figuring out how much house you can afford a real headache. First, some quick facts: Tulsa Rates have been going up and down a bit, and that's because, well, a lot of things affect them. The overall economy, the job market, inflation β it's like a big pot of financial soup, and all the ingredients can influence the final rate. But don't worry, you don't need a Ph.D. in economics to navigate this! That's where we, the Tulsa mortgage pros at OMG, come in. We're here to discuss the trends, what experts say about the future, and, most importantly, how it all affects your Tulsa homeownership goals. For example, this chart below shows how even a small change in the Tulsa interest rates can significantly affect how much house you can ...