Mindblown: a blog about philosophy.
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Impact of Recent Fed Rate Cuts
The Fed sets the federal funds rate, influencing borrowing costs for short-term loans like credit cards and home equity. Mortgage rates generally follow the 10-year Treasury yield, not the Fed’s rate, but can be affected by its actions.
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Oklahoma Lawmaker Proposes Constitutional Amendment to Freeze Property Tax for Seniors
An Oklahoma lawmaker has proposed House Joint Resolution 1001, aiming to freeze property tax values for homeowners aged 65 and older. This constitutional amendment would help seniors maintain financial stability by locking in their home's value, regardless of neighborhood increases, provided they meet specific criteria. The proposal excludes income-based eligibility and allows for a temporary…
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Mortgage Refinancing Requirements: Quick Tips
Refinancing replaces your mortgage with a new one, often offering different interest rates or payoff schedules.Reasons to Refinance Lower interest rates. Switch loan type or term. Access equity or remove mortgage insurance.
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Happy Lunar New Year
恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…
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State lawmaker proposes 3D-printed homes to tackle Oklahoma’s housing crisis
An Oklahoma lawmaker is advocating for funding 3D-printed homes to address affordable housing issues. He plans to introduce legislation to expand the Affordable Housing Tax Credit to include these homes, which can be built quickly and cheaply. However, concerns exist about potential design defects and job displacement due to automation. Additionally, Oklahoma lacks statewide rent…
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2026 Interest Rate Forecast: Continued Adjustments
Federal funds rate projected to fall from 3.7% (Q1) to 3.1% (Q4), marking consistent quarterly reductions. Rate adjustments aim to stabilize the economy, setting the stage for long-term equilibrium.
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Just Sold this listing Address: 13690 N 113th East Avenue
Welcome to this immaculate 4 bedroom, 2 bathroom home located on over a spacious half acre lot! It provides an open floor plan for easy flow between living spaces. The beautiful crown moldings add a touch of elegance, and the wood veneer flooring throughout the main living areas for extra durability. Hand-trowel walls in the…
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How Rate Cuts Could Fuel Homebuying Competition
The Fed influences mortgage rates indirectly through its policy on inflation and labor market data. Mortgage rates generally drop with Fed rate cuts, making borrowing cheaper for consumers.
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Check out my new listing Address: 9804 E 108th Court North
Charming Three-Bedroom Home in Owasso Nestled on a peaceful cul-de-sac lot, this beautiful single-story home in Owasso offers the perfect blend of comfort and convenience. With a thoughtfully designed split floor plan, the home features three bedrooms and two well-appointed bathrooms, ensuring plenty of space for family living. The large kitchen is a chef’s dream,…
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When Are Quarterly Taxes Due in 2025?
Quarterly taxes are due four times per year to avoid IRS penalties. The first quarterly payment for 2025 is due on April 15, for income earned in Q1.
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