Oklahoma Mortgage Group - Mike David

If you're sitting around waiting for mortgage rates to suddenly fall off a cliff... you might be waiting a while. According to the latest forecasts from Fannie Mae, MBA, and Wells Fargo, rates are expected to stay in the mid-6% range through early 2026. Not sky-high, not dirt-cheap—just… steady. The average projection for Q3 2025 is 6.68%, and even by mid-2026, we’re only seeing rates dip into the low 6s. That’s not bad news—it’s just realistic. The economy is holding up, inflation is being stubborn, and the Fed isn’t rushing to slash rates. So if you're holding out for a magical 4.5% again, you may want to reevaluate your timeline. Here’s the thing: if you find the right house and it fits your life and your budget, it may still make sense to move now. You don’t want to pass up a great opportunity waiting for a big drop that—according to all the data—isn’t likely to happen. And remember, you’re not stuck with the rate forever. Refinance options down the road are always a po...

  Positive inflation news this morning has Tulsa mortgage lenders hopeful that the recent uptick in interest rates might be leveling off. If you've been considering buying a home in Tulsa, this could be a sign that it's time to act. What's Happening with Tulsa Mortgage Rates ? Recent increases: Over the past few weeks, we've seen interest rates climb slightly, which has caused some buyers to pause. Today's news : New inflation data released this morning is lower than expected, which is good news for anyone looking for Tulsa home loans. Lower inflation generally helps keep mortgage interest rates stable or even nudges them lower. The outlook: While we're still waiting on additional economic data to be released this week, the early signs are encouraging. It's possible that we've seen the peak of this recent rate increase. What Does This Mean for Tulsa Home Buyers? Opportunity: If you've been pre-approved for a mortgage or are considerin...

Whether you're a military veteran or active-duty service member looking to buy your dream home in Tulsa, or a seller hoping to attract a wider pool of qualified buyers, understanding the ins and outs of VA loans is key. Oklahoma Mortgage Group is your local expert, ready to guide you through the benefits and opportunities that VA loans present in the Tulsa real estate market. Buyers – Your Path to Homeownership Made Easier Zero Down Payment: One of the most significant advantages of VA loans is the ability to purchase a home with no down payment. This can be a game-changer for veterans and service members, allowing you to enter the market sooner. Competitive Rates & No PMI: VA loans often come with lower interest rates than conventional loans. Additionally, they don't require private mortgage insurance (PMI), saving you hundreds or even thousands of dollars over the life of your loan. Flexible Requirements: While still requiring a credit check and income verific...