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3 Things That Determine Your Mortgage Interest Rate

September 20, 2016 by Robby Oakes

When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. These may be rates that seem too good to be true, and you may gladly contact the lender or mortgage company to complete your loan application. However, in many cases, mortgage applicants are unpleasantly surprised and even disheartened to learn that they do not qualify for the advertised interest rate. By learning more about the factors that influence your interest rate, you may be able to structure your loan in a more advantageous way.

Filed Under: Mortgage Tips Tagged With: Mortgage Tips

What’s Ahead For Mortgage Rates This Week – September 19, 2016

September 19, 2016 by Robby Oakes

Last week’s economic news included reports on retail sales, inflation, and weekly reports on mortgage rates and new jobless claims.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates, Retail Sales

Investing in a Vacation Property? Learn What You’ll Need to Have to Get A Mortgage Approved

September 16, 2016 by Robby Oakes

While a second home can seem like a great purchase and solid investment opportunity, there are different requirements that go into this type of purchase. If you’re considering a vacation home, you may want to be aware of the following financial factors.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Investment Properties, Mortgage

Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment

September 15, 2016 by Robby Oakes

If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money.

Filed Under: Home Mortgage Tips Tagged With: Down Payments, Home Mortgage Tips, Mortgage

Real Estate Investing: 3 Insider Tips to Winning House, Land or Foreclosure Auctions

September 14, 2016 by Robby Oakes

House, land and foreclosure auctions can be one of the most nerve-wracking ways to buy a property. However, if you prepare yourself with proven bidding tactics, auctions can be a great way to purchase your dream home at a competitive price.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Investment Properties

Financing That Dream Home with a Mortgage? Here’s What to Expect on Closing Day

September 13, 2016 by Robby Oakes

When closing day finally arrives, there will still be a few last minute details that need to be taken care of. If you’re getting ready to solidify your home purchase and are wondering about the remaining paperwork and any unknown details, here are some things you can expect when it comes to making your purchase complete.

Filed Under: Home Mortgage Tips Tagged With: Closing Costs, Home Mortgage Tips, Mortgage

What’s Ahead For Mortgage Rates This Week – September 12, 2016

September 12, 2016 by Robby Oakes

Few economic reports were released last week due to the Labor Day Holiday. The Federal Reserve released its Beige Book Report, which documents anecdotes shared with the Fed by its regional business contacts. A job openings report, weekly jobless claims and Freddie Mac’s survey of mortgage rates was also released.

Filed Under: Mortgage Rates Tagged With: Home Sales, Mortgage Rates

Growing Your Wealth: 3 Reasons Why Real Estate Is the Ultimate Long-Term Investment

September 9, 2016 by Robby Oakes

While many people may be hesitant to consider real estate as a viable long-term investment, owning property has a steady historical track record and isn’t as volatile as other investment markets can be.

Filed Under: Around The Home Tagged With: Around The Home, Investment Properties, Real Estate Tips

Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

September 8, 2016 by Robby Oakes

If you’re wondering how much home you can truly afford and how your cost of living will fare for your mortgage approval, here are some of the details on what you can expect when it comes to finding a home at an affordable price.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Applications

Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire

September 7, 2016 by Robby Oakes

While it may seem like a big time commitment to find a new home while you’re still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Real Estate Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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