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Pros and Cons of Adjustable Rate Mortgages

April 18, 2018 by Robby Oakes

When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage (ARM) may be your best option, but keep in mind, they are not the answer for everyone.

Filed Under: Mortgage Tagged With: Adjustable Rate Mortgage, Mortgage, Prepayment

Should You Pay Discount Points When You Get Your Mortgage?

April 17, 2018 by Robby Oakes

One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to buy “discount points” to lower your interest rate.

Filed Under: Mortgage Tagged With: Discount Points, Mortgage, Tax Deduction

What’s Ahead For Mortgage Rates This Week – April 16th, 2018

April 16, 2018 by Robby Oakes

Last week’s economic reports included readings on inflation, the minutes of the most recent meeting of the Fed’s Federal Open Market Committee and weekly reports on mortgage rates and first-time jobless claims.

Filed Under: Financial Reports Tagged With: Fed, Financial News, Mortgage Rates

The Humble Vegetable Garden: A Fun, Health-conscious Home Project for the Entire Family

April 13, 2018 by Robby Oakes

Whether you are hunting for a project that will pry the kids away from their phones or you just want a head start on the spring, few home projects are as rewarding as a vegetable garden. Invest a few hours in planting today, some maintenance throughout the year and soon you’ll be enjoying some delicious, home-grown veggies. Ready? Let’s get started!

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

Look Beyond The Interest Rate: What Else Matters When Choosing A Mortgage Lender?

April 12, 2018 by Robby Oakes

Most consumers securing a mortgage plan to remain in that loan for 30 years. During that time, the borrower maintains a relationship with the loan servicer or lender. Most often, home buyers do not think twice about who the mortgage lender is, but rather focus on the interest rates offered.

Filed Under: Mortgage Tagged With: Interest Rates, Mortgage, Mortgage Lenders

How The 2018 Tax Changes Can Affect Your Mortgage

April 11, 2018 by Robby Oakes

When the chatter was at its peak on the 2018 tax law changes being proposed, one of the big areas of concern for homeowners was the elimination of the mortgage interest deduction. Right behind that issue was a similar treatment with regards to property tax deductions.

Filed Under: Mortgage Tagged With: Mortgage, Tax Deduction, Taxes

Manage These 3 Items Before Applying For A Mortgage

April 10, 2018 by Robby Oakes

Mortgage lenders weigh the risk of getting their principal and interest paid back by looking at the qualities of the prospective borrower. Due to the amount of money being requested and lent to purchase homes, those requirements can become daunting.

Filed Under: Mortgage Tagged With: Buyer, Home Financing, Mortgage

What’s Ahead For Mortgage Rates This Week – April 9th, 2018

April 9, 2018 by Robby Oakes

Last week’s economic reports included readings on construction spending, mortgage rates and weekly jobless claims. Other labor-related claims included ADP payrolls, Non-Farm Payrolls and the national unemployment rate.

Filed Under: Financial Reports Tagged With: Fed, Financial Reports, Rates

6 Money Making Tips For The First Time Home Seller

April 6, 2018 by Robby Oakes

Today’s homebuyers can have specific ideas and personal preferences that influence their decision on what attracts them to a particular property. While some prefer a fixer-upper, many desire a home that’s as close to turn-key as possible.

Filed Under: Real Estate Tagged With: Home Price, Home Seller, Real Estate

Should You Consider an Adjustable Rate Mortgage For Your Home Purchase?

April 5, 2018 by Robby Oakes

With mortgage rates finally looking like they may move upward a bit as the overall market improves the adjustable rate mortgage starts to come into play again.

Filed Under: Mortgage Tagged With: Adjustable Rate Mortgage, ARM, Mortgage

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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