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About space: Oklahoma City real estate briefs: Oct. 20

About space: Oklahoma City real estate briefs: Oct. 20
Published: October 20, 2012

About space

Home, Garden tour planned

Oklahoma City's Gatewood Historic District will have its 16th annual Home & Garden Tour from noon to 5 p.m. Oct. 28. Three historic homes, a contemporary studio apartment building and a commercial property will be open for touring: Wade Toalson's Prairie-style home at 1219 NW 20; Grace and Jaron Hill's Colonial Revival at 2000 NW 19; Crystal and Erica Clements' Craftsman bungalow at 1815 NW 19; Morgan and David Birdwell's 18th Street Studios (show above) at 1214 NW 18; and Lynn and Maggie Gooch's business, Chasin' Tail, a pet-related store.

Tickets are $10 in advance at 23rd Street Antique Mall, 3023 NW 23; Antique Avenue, 5219 N Western Ave.; Garden Gate Antiques, 1307 N May Ave.; Broadway Antique Mall, 114 S Broadway in Edmond; or by PayPal online at Tickets will be $12 at each home on tour day.

Arvest mortgages set record

Arvest Mortgage Co. has originated more than $2 billion in new mortgage loans so far in 2012, a level it has never before reached in a year's time, Arvest Bank said. The lender reached the $1 billion mark in June, the earliest in 10 years. Arvest Bank, based in Bentonville, Ark., operates 230 bank branches in Oklahoma, Arkansas, Missouri and Kansas. Record low mortgage rates have continued to spur refinancing, and a new, improved version of the federal government's Home Affordable Refinance Program — HARP — has helped many people refinance who could not afford to in years past, said Steven Plaisance, president and chief operating officer of Arvest Mortgage Co. In addition, he said, the purchase-money market is also showing improvement.

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