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What’s Ahead For Mortgage Rates This Week – May 7th, 2018

May 7, 2018 by Robby Oakes

Last week’s economic releases included readings on inflation, construction spending and private and public- sector payrolls. Weekly readings on mortgage rates and first-time jobless claims were also posted.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Payroll

Financing Your Solar Roof

May 4, 2018 by Robby Oakes

Going solar can make life sunnier for some homeowners. In addition to reducing energy dependence by “borrowing” energy directly from the sun, purchasers may also enjoy a 30 percent federal Solar Investment Tax Credit and other incentives, according to SEIA.

Filed Under: Mortgage Tagged With: Financing, Mortgage, Solar

Understanding the Basic Interest Rates Difference Between Fixed and Variable

May 3, 2018 by Robby Oakes

Home loans are available in an assortment of lending packages, but the big difference that consumers need to pay attention to at a minimum is how the interest charge is calculated. Interest is the margin that represents the profit and risk offset for a lender financing a consumer’s home purchase.

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

5 Ways Millennial Buyers Can Snag Their Dream Home In This Sellers Market

May 2, 2018 by Robby Oakes

According to the 2017 Home Buyer and Seller Generational Trends Report, Millennials bought 34% of the homes sold; the largest of any generation last year.

Filed Under: Mortgage Tagged With: Millenials, Mortgage, Pre-Approval

5 Key Factors That Affect Your Mortgage Rate

May 1, 2018 by Robby Oakes

Many first time home buyers often wonder what factors determine their mortgage rate. Is it their credit score? Is it the type of loan chosen? Is it the size of the loan?

Filed Under: Mortgage Rates Tagged With: credit, Financing, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – April 30th, 2018

April 30, 2018 by Robby Oakes

Last week’s economic reports included readings from Case-Shiller Home Price Indices, new and existing home sales and weekly readings on mortgage rates and first-time jobless claims.

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

Five Reasons Why Spring Is The Perfect Time To Sell

April 27, 2018 by Robby Oakes

Spring is many people’s favorite season of the year. Obviously, there are many valid reasons why this is so. One of the best things about spring is that it is an ideal time to sell your home.

Filed Under: Real Estate Tagged With: Real Estate, Selling, Spring

The Home-Buying Closing Process in a Nutshell

April 26, 2018 by Robby Oakes

The closing process for a home purchase is an exciting time. The home is finished, the purchase is ready to be finalized and it’s almost time to move in. The final steps of the closing process ensures both parties are able to meet their requirements and all the paperwork is in place and verified.

Filed Under: Mortgage Tagged With: Closing, Escrow, Mortgage

Solar Roof Panels: A Mainstream Option For Homeowners?

April 25, 2018 by Robby Oakes

Do rooftop solar panels add value to a home, and are they cost-effective in terms of energy savings? The short answer is yes, say the experts. Although more than a million U.S. homes boasted solar panels in 2016, the percentage of solar-equipped households is still miniscule.

Filed Under: Homeowner Tips Tagged With: Electricity, Real Estate, Solar

Equity Loan and HELOC vs. Reverse Mortgage – What’s the Difference?

April 24, 2018 by Robby Oakes

There are times in our lives when the idea of freeing up cash becomes desirable or necessary. Near retirement, this is a common consideration. The typical financial tool that many retirees want to know about is a reverse mortgage, but it’s not the only equity tool available.

Filed Under: Mortgage Tagged With: HELOC, Home Equity, Reverse Mortgage

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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