searchin’ okc | a random tour of Oklahoma City

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

July 16, 2010

At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.

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Oklahoma Remains Well Below Average As Foreclosure Activity Slows Again In June 2010

July 15, 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

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Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate In Oklahoma City

July 14, 2010

Conforming mortgage rates may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.

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Should You Refinance Your ARM, Or Let It Adjust Lower?

July 13, 2010

If your adjustable rate mortgage is due to adjust this year, don’t go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower this year.

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How To Install A Ceiling Fan In Your Oklahoma City Home

July 12, 2010

Up to 50% of your home’s energy bill can be tied to heating and cooling costs. Thankfully, it’s easy to lower those bills. The addition of a ceiling fan can cut your household energy bills dramatically.

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Flag Day

June 14, 2010

From Wikipedia: In the United States, Flag Day is celebrated on June 14. It commemorates the adoption of the flag of the United States, which happened that day by resolution of the Second Continental Congress in 1777.[1] In 1916, President Woodrow Wilson issued a proclamation that officially established June 14 as Flag Day; in August [...]

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