Many people believe that you need a 20% down payment to buy a home in Tulsa, but that's not always the case! While putting down 20% can help you avoid mortgage insurance, it's not a requirement. In fact, the median down payment for Tulsa homebuyers is...
A Surprising Turn in Mortgage Rates In a remarkable turn of events, the average rate on 30-year mortgages has seen a significant plunge, reaching a seven-month low. This shift is especially relevant for homebuyers and homeowners in Oklahoma, bringing a new wave of opportunities in the...
Hey Tulsa! It's Mike David here, your trusted expert in Tulsa home loans and mortgages. Today, I'm beyond excited to share a success story that perfectly illustrates the magic of our unique home loan solutions here in Oklahoma. A Tulsa Home Loans Success Story That Will Wow...
In the dynamic world of Tulsa mortgages, a significant yet subtle shift has occurred, marking a moment of stability in an otherwise fluctuating market. For the first time in a week, we've seen mortgage rates move by a normal amount, breaking the pattern of the...
Every three years, the Federal Reserve’s Survey of Consumer Finances offers a window into the financial health of American households. The stark contrast between the net worth of homeowners versus renters is a testament to the power of real estate as an investment. In Tulsa,...
The year 2024 is shaping up to be a stellar one for prospective homeowners in Tulsa. Market indicators suggest a rare alignment of factors that could tip the scales in favor of buyers. For those considering taking the plunge into homeownership, understanding Tulsa mortgage rates...
As potential homeowners in Tulsa keenly observe the ever-evolving mortgage landscape, understanding the dynamics of Tulsa mortgage rates becomes paramount. In recent years, we've witnessed these rates plunge to historic lows, surge significantly, and now, they're beginning to retreat slightly. But what drives these fluctuations?...
Understanding the Dynamics of Tulsa Mortgage Rates Navigating the landscape of Tulsa mortgage rates can sometimes feel like trying to read a complex puzzle. You may come across a piece of information suggesting that Tulsa interest rates are on a downward trend, only to encounter another...
Buying a home in Tulsa is an exciting milestone. Whether you're eyeing a cozy bungalow in Brookside or a spacious estate in South Tulsa, understanding the language of real estate is crucial. As your trusted Tulsa mortgage lender, Oklahoma Mortgage Group is here to guide...
A strong credit score is vital in the Tulsa mortgage process. It's essential for securing Tulsa home loans at competitive rates. Your credit score is a metric used by Tulsa mortgage lenders to gauge your ability to repay borrowed money. Here's what every Tulsa homebuyer...