Oklahoma Real Estate Update

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When the COVID-19 pandemic began, no one in the housing industry was projecting the best year on record. What caused this unexpected upsurge in the real estate market? The answer is record-low mortgage rates. In December 2020, mortgage rates broke their own record an unbelievable three times to eventually settle at 2.66% on Christmas Eve (not a gift from Santa, but from the Federal Reserve).

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