Brexit Hits Home: Mortgage Rates Tumble In Oklahoma

By Richard Mize Real Estate Editor richardmize@oklahoman.comUncertainty abounds surrounding Brexit, but one thing seems sure for U.S. housing: It will get a boost in even lower mortgage rates, to Oklahoma City homebuyers' benefit. Why would Britain's vote to leave the European Union affect loan rates here? Investor flight from roiling stocks to stable U.S.

BING NEWS:
  • The Fed just dashed hopes for lower mortgage rates. What homebuyers need to know.
    Homebuyers hoping for a break in high mortgage rates this spring will likely have to wait. The Fed dashed hopes that relief was around the corner.
    05/8/2024 - 5:45 am | View Link
  • Mortgage Rates Aren’t the Only Hurdle for Homebuyers. There Aren’t Enough Houses
    Depending on who you ask, the biggest obstacle for homebuyers is either mortgage rates, home prices or inventory. Or often all three. I’ve been writing about how steep mortgage rates negatively impact ...
    05/7/2024 - 10:41 am | View Link
  • Mortgage Rates Just a Bit Lower as Winning Streak Hits 5 Days
    There have been 3 winning streaks for mortgage rates in 2024 where the average rate has moved lower for at least 5 days and where the conventional 30yr fixed rate has fallen by more than 0.25%.
    05/7/2024 - 4:33 am | View Link
  • What will happen to home prices if mortgage rates stay high? Experts weigh in
    "Higher rates and lower inventory levels suggest home prices will hold steady with minimal movement in either direction," says Saburi. "Until we see a big drop in rates — 150 basis points or more — or ...
    05/6/2024 - 2:47 am | View Link
  • Money latest: Supermarket caught out over 'fake farm'; bank boss reveals interest rate prediction
    However, yesterday, one of the world's leading economic authorities, the Organisation for Economic Co-operation and Development, said interest rates, which are at a post-2008 era high of 5.25% ...
    05/3/2024 - 8:30 am | View Link
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