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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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What’s Ahead For Mortgage Rates This Week – August 24th, 2026

August 24, 2026 by Robby Oakes

The latest FOMC minutes reinforced the Federal Reserve’s continued focus on price stability, with policymakers voting to maintain the current federal funds rate for the time being. However, the path forward remains uncertain, particularly as persistent inflation continues to complicate the case for additional rate cuts. In fact, several policymakers have indicated greater concern about inflation and favored tighter monetary policy at the most recent meeting.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Financial Habits That Make Homeownership Less Stressful

August 21, 2026 by Robby Oakes

Homeownership can be rewarding, but it also introduces expenses and responsibilities that are easy to underestimate. A few consistent financial habits can make those responsibilities feel far more manageable. The goal is not to predict every cost perfectly, but to create enough preparation and flexibility to handle routine bills and unexpected surprises with confidence.

Filed Under: Mortgage Tips Tagged With: Financial Habits, Homeownership, Mortgage Tips

How Home Equity Builds Over Time

August 20, 2026 by Robby Oakes

Home equity is the difference between what your home is worth and what you currently owe on it. It can become one of the most meaningful financial benefits of homeownership, but it usually develops gradually rather than all at once. Understanding how equity grows can help you track your progress and make more informed long-term financial decisions.

Filed Under: Mortgage Tips Tagged With: Home Equity, Homeownership, Mortgage Tips

What Happens to Your Mortgage If You Move Before Paying It Off?

August 19, 2026 by Robby Oakes

Most homeowners move before making the final payment on a thirty-year mortgage. Selling a home with an outstanding loan is completely normal, but many homeowners are unsure what happens to the remaining balance. Understanding the process can help you plan for your sale, estimate your proceeds, and prepare financially for your next home.

Filed Under: Mortgage Tips Tagged With: Home Selling, Mortgages, Moving

How Inflation Can Affect Homebuyers

August 18, 2026 by Robby Oakes

Inflation affects far more than the price of groceries and gasoline. It can also influence mortgage rates, household budgets, home prices, and the amount of money buyers feel comfortable spending. Understanding how inflation connects to the home-buying process can help you make decisions based on your complete financial picture rather than focusing on only one number.

Filed Under: Mortgage Tips Tagged With: Home Buying, Inflation, Mortgage Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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