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Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You

August 7, 2014 by Robby Oakes

If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.

Filed Under: Home Mortgage Tips Tagged With: 40-Year Mortgage, Mortgage Affordability, Mortgage Loan Information

Why a Detached Garage Can Drastically Improve Your Resale Price

August 6, 2014 by Robby Oakes

While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.

Filed Under: Home Seller Tips Tagged With: Home Sales, Home Valuation, Selling a Home

The Summer Buying Season Is Here: 3 Tips to Help You Secure a Favorable Mortgage Rate

August 5, 2014 by Robby Oakes

The best way to ensure you get a good rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing where to find the best interest rate.

Filed Under: Mortagage Tips Tagged With: Fees, Mortgage Rates, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – Aug 4, 2014

August 4, 2014 by Robby Oakes

Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.

Filed Under: Market Outlook Tagged With: Case Shiller, FOMC, Market Outlook

The 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It

August 1, 2014 by Robby Oakes

Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.

Filed Under: Real Estate Tagged With: Insurance, Real Estate, Real Estate Tips

FOMC Statement: Asset Purchases to end in October, Labor Market Stronger

July 31, 2014 by Robby Oakes

In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.

Filed Under: Market Outlook Tagged With: FOMC, Housing Market, Market Outlook

S P Case-Shiller Home Price Index: May Home Prices Rise

July 30, 2014 by Robby Oakes

May home prices rose in all 20 cities tracked by the S&P Case-Shiller 20 City Home Price Index. This was the second consecutive month in which all cities posted gains.

Filed Under: Mortagage Tips Tagged With: Case Shiller, Mortgage, Price Index

Sellers, Beware: Five Reasons You Might Not Get Top Dollar when You Sell Your Home (And How to Avoid Them)

July 29, 2014 by Robby Oakes

For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell – and how to avoid them!

Filed Under: Home Seller Tips Tagged With: Home Sales, Maximizing Sale Value, Selling a Home

What’s Ahead For Mortgage Rates This Week – July 28, 2014

July 28, 2014 by Robby Oakes

Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery.

Filed Under: Market Outlook Tagged With: FOMC, Mortgage Rates, Mortgage Tips

The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!)

July 25, 2014 by Robby Oakes

As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA.

Filed Under: Real Estate Tips Tagged With: Buying a Home, Home Prices, Real Estate Market Information

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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