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National Association of Realtors, Existing Home Sales Slip in August

September 24, 2014 by Robby Oakes

Sales of previously owned homes fell in August according to the National Association of REALTORS. This was the first decline in sales in five months. Although not welcome news to homeowners and real estate pros, there is good news…

Filed Under: Market Outlook Tagged With: FHFA, Market Outlook, National Association of REALTORS

Turned Down for a Mortgage? What to Do if You are Declined – and How to Get Second Opinion

September 23, 2014 by Robby Oakes

If you have been declined for a mortgage, you may think that home ownership is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get the mortgage that works for you.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Acceptance, Mortgage Financing, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – Sept 22, 2014

September 22, 2014 by Robby Oakes

Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting.

Filed Under: Market Outlook Tagged With: FOMC, Housing Starts, Jobless Claims

Federal Open Market Committee, Fed Chair: No Rush to Raise Rates

September 19, 2014 by Robby Oakes

Wednesday’s customary post-meeting statement issued by the Federal Open Market Committee (FOMC) of the Federal Reserve provided some relief to investors and analysts concerned that the Fed may soon raise its target federal funds rate.

Filed Under: Market Outlook Tagged With: Federal Reserve, FMOC, Market Outlook

Considering a Vacation Home? Six Tips for Buying a House or Condo for Relaxation and Vacation Use

September 18, 2014 by Robby Oakes

When you buy a vacation home or condo, you can guarantee that you have an escape that will provide you with years of enjoyment. Before you take the plunge, though, take advantage of these six helpful tips about buying a vacation home.

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

Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In

September 17, 2014 by Robby Oakes

When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Financing, Mortgage Loan Information, Mortgages

Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments

September 16, 2014 by Robby Oakes

What are some of the reasons why it may be beneficial to make two payments a month instead of one? Here are three reasons why you should ditch the monthly fees and make payments once every two weeks.

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

What’s Ahead For Mortgage Rates This Week – Sept 15, 2014

September 15, 2014 by Robby Oakes

Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession.

Filed Under: Market Outlook Tagged With: Freddie Mac, Market Outlook, NAHB

It’s Not Just Car Storage: How to Transform Your Garage into a Brand New, Highly Usable Space

September 12, 2014 by Robby Oakes

With a bit of planning and creativity, you can turn your garage into a much more functional space. Here’s how you can make your garage the most useful space in the house.

Filed Under: Around The Home Tagged With: Around The Home, Garages, Home Renovations

FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

September 11, 2014 by Robby Oakes

Is your credit score holding you back from getting the best rate on your next mortgage? Here are a few easy and effective tips to help you get your credit score to where you want it to be.

Filed Under: Mortgage Rates Tagged With: FICO Scores, Mortgage Affordability, Mortgage Financing

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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