Unbelievable Interest Rates This Weekend! 4.25%, 0 Point!

Wonderful news on interest rates this weekend. 30 year fixed rate VA is 4.25% and 30 year conventional fixed rate is 4.375%. This is with 0 point charge! That means you can purchase a $300,000 home with a VA loan, put $0 down and your total monthly payment would be approximately $1,800 INCLUDING taxes and insurance. If rates went up 1% to 5.25% the same monthly payment would be approximately $1,981. This could easily happen this month. It was just a matter of weeks ago that that’s exactly where they were. That means by taking advantages of rates TODAY you can lock in significant savings. Consider what that adds up to over the life of the loan.

Over the course of history 4.25% is an unbelievable interest rate and 5.25% is still an INCREDIBLE rate! It is rare that rates have ever gone this low. Consider where we are today, an entire percent lower than we were just weeks ago, almost $200 savings each month. When rates dip as low as they are today it is something to move on immediately!



In the 1980’s rates soared to 21%. At that time people considered a 9,10,11 or 12 percent interest wonderful! If you financed $300,000 at 12% interest today your total monthly payment would be approximately $3,411! Think about that for a little bit. Today you will pay almost half the price of what people considered “good” during that time.

No one knows exactly where rates will be next week, next month or next year. They have been relatively low for a couple years now and we have been spoiled but don’t forget the past and how LOW they are now. Inevitably they will go back up.


In Lawton, The Oaks Development Company dominates the new home luxury market. Now is the time to get into a comfortable luxury home in our beautiful lakeside community. This weekend we have 8 gorgeous homes open for viewing. Save yourself the regret and invest in something NOW that you want to stay in for many years to come! Think 10years from now. What will you wish you had done today?