Fox Mortgage

The seventh annual OKC Parks Daddy Daughter Dance is revamping in 2021.

If anyone has been on the fence about refinancing or purchasing a home right now, we could be on the verge of a massive spike in interest rates! Chairman Bernanke at the time just began hinting that they might slow down asset purchases at some point, and longer term rates jumped a point and a half in a couple of weeks. So, it was certainly a tantrum, Fratantoni said. I think we’re set up for the possibility of something like that again. They’re just having a challenge to communicate how they would be able to smoothly exit from that program. The worry is not that they immediately stop purchases but that they begin talking about it more seriously. https://www.housingwire.com//prepare-for-the-rise-in-mort/

When we set our goals as a company each year, they revolve around our clients speaking of us like this. So proud of our team at Fox Mortgage!

Are we on the verge of another HOUSING BUBBLE I'm getting this question a lot right now from potential home buyers that are on the fence about whether or n...ot to purchase right now. The media will want you to believe in fear of another bubble as usual...but lets take a look at some data . Existing home sales is at its BEST level since 2006, and 2006 was a totally different environment as there was MORE THAN DOUBLE the amount of inventory compared to today. The economy is recovering and the housing market is on fire (any real estate agent will agree). Even builders are wishing that they had more inventory as they cannot meet the current level of demand. So don't buy into the fear the media is selling. With interest rates still at historical lows, right now is a GREAT time to purchase a home as you can afford more home for less compared to just a couple years ago.