Now is The Time to Buy a Home

NOW IS THE TIME TO BUY A HOME WITH RATES AT HISTORICAL LOWS, NOW IS THE TIME TO BUY A HOME 3.95% RATES 3.60% 3.54% 3.51% 3.51% Rates are at 40-year lows. rate as of March 2013 March 2012 August 2012 February 2013 March 2013 70% of Americans state that now is a "good time" to buy a home. In Scotland, homeowners paint their front door red when they pay off their mortgage. 38% of Americans do not currently own a home. HOME PRICES $152,000 Average home sale price as of February 2013 PRICES STILL REMAIN 30% BELOW PEAK PRICES BEFORE HOUSING CRASH 75% of the homes that sold between October and December were affordable to families earning the median income of $65,000. Total existing-home sales are 10.2% above home sales a year ago. ARVEST BANK 150 Mortgage Lenders in the four states we serve. In 2012, Arvest originated more than 17,000 99% CLOSED Arvest Bank services 99% of the home loans we make. mortgage loans - both purchase money loans and refinance loans - totaling $2.56 billion. $148,338 Arvest Bank's average total loan amount (including refinance and purchase loans) in 2012 ARVEST (866) 952-9523 arvest.com BANK Member FDIC SOURCES: hittp://mortgagex.com/general/national_monthly_average.asply=2012 http://mortgagex.com/general/national_monthly_average.aspay=2013 National Association of Home Builders. "Nationwide Housing Affordability Increases at Year-End 2012." February 21, 2013. htp://www.nahb.org/news_details.aspx8sectionID=135&newslD=15797 http://www.gallup.com/poll/154124/u.s-homeownership-hitsdecade-low.aspx http://money.cnn.com/, Houselogic.com, Trulia.com, Zillow.com http://www.forbes.com/sites/afontevecchia/2013/03/26/home-prices-growingfaster-than-in-the-build-upto-he-housing-bubble-caseshiller/ http://www.realtor.org/news-releases/2013/03/existing-homesales-and-pricescontinuetorise-in-february http://www.statisticbrain.com/home-sales-average-price/ 30-year fixed rates