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Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them

December 10, 2014 by Robby Oakes

Whether you’re about to close on a lovely new house for your growing family or a stylish beachfront condo so you can retire close to the ocean, one thing is certain: you’re going to face a variety of closing costs.

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

Understanding Mortgage Insurance and the Difference Between FHA, VA and USDA Mortgages

December 9, 2014 by Robby Oakes

Are you thinking about using mortgage financing to buy a new home? If so, you’ve likely heard about mortgage insurance policies requirements and you may be wondering how they will affect you. In today’s blog post we’ll explore mortgage insurance and explain the difference between conventional, FHA, VA and USDA mortgage insurance policies.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Insurance, Mortgages

What’s Ahead For Mortgage Rates This Week – December 8, 2014

December 8, 2014 by Robby Oakes

Last week’s economic reports related to housing and mortgages were few, but construction spending, the Fed’s Beige Book report, non-farm payrolls and the national unemployment report indicated trends for the end of the year.

Filed Under: Market Outlook Tagged With: Freddie Mac, Market Outlook, The Federal Reserve

You Ask, We Answer: How to Choose Between Expanding Your Current Home and Buying a New One

December 5, 2014 by Robby Oakes

Let’s take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you’re in need of some extra space.

Filed Under: Home Buyer Tips Tagged With: Around The Home, Buying a Home, Upgrades and Renovations

Buying an Investment Property? Here’s How You Can Maximize Your Rental Revenue

December 4, 2014 by Robby Oakes

Whether you’re buying a ski-in/ski-out condo at your favorite resort or you’re thinking of picking up a small home in a busy tourist area, buying a property for short-term rental purposes can be an excellent investment that quickly begins to provide additional revenue.

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

Understanding the Difference Between a Mortgage Pre-qualification and a Pre-approval

December 3, 2014 by Robby Oakes

If you’re in the market for a new home and you’ve been researching mortgages, you’ve likely come across the terms “pre-qualification” and “pre-approval”. While these terms are self-explanatory in some circumstances, they are quite different in regards to mortgage financing. In today’s blog post we’ll explain the difference between a mortgage pre-qualification and a pre-approval.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Mortgages and Credit

The LTV Ratio: How ‘Loan-to-Value’ Works and Why You Need to Understand This Ratio

December 2, 2014 by Robby Oakes

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio including why it’s important, how to calculate it and how it can affect your mortgage.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Calculators, Mortgages

What’s Ahead For Mortgage Rates This Week – December 1, 2014

December 1, 2014 by Robby Oakes

Last week’s scheduled economic events were packed into Tuesday and Wednesday, but several housing-related reports were released including the Case-Shiller National and 10-and 20-City Home Price Indices for September, The FHFA House Price Index also for September, and New and Pending Home Sales for October.

Filed Under: Market Outlook Tagged With: Case Shiller, FHFA, Home Price Index

You Ask, We Answer: Should I Consider a Warranty when Buying a New Home?

November 28, 2014 by Robby Oakes

In today’s blog post we’ll briefly explore home warranties including some of the pros and cons of buying one and how they differ from homeowner’s insurance.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Home Warranties

Case-Shiller Home Prices: Price Growth Slows in September

November 26, 2014 by Robby Oakes

According to the Case-Shiller National Home Price Index, annual home price growth slipped to a seasonally-adjusted rate of 4.80 percent in September. This was 0.30 percent lower than August’s year-over-year reading of 5.10 percent.

Filed Under: Market Outlook Tagged With: Case Shiller, FHFA, Home Prices

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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