![Explaining Today’s Low Housing Supply [INFOGRAPHIC],Jen Kelsey](https://img.chime.me/image/fs/chimeblog/20230930/16/original_fb17ffe8-2a4c-42f4-bcda-6f2626de74c6.png)
Explaining Today’s Low Housing Supply [INFOGRAPHIC]
Some Highlights Wondering why the supply of Oklahoma homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents kn
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home in Oklahoma. Let’s break down why that’s happening and why this i
How Inflation Affects Mortgage Rates
When you read about theOklahoma housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know. The Fed is trying hard to reduce inflation. And even t
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