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Mortgage Budgeting 101: How to Determine What You Can and Can’t Afford

July 8, 2014 by Robby Oakes

When taking on a new mortgage it is important to know that you can afford to carry the debt load involved, as many people find themselves in financial trouble by spending more on real estate than they can comfortably maintain.

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

What’s Ahead For Mortgage Rates This Week – July 7, 2014

July 7, 2014 by Robby Oakes

Last week’s economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.

Filed Under: Market Outlook Tagged With: Existing Home Sales, FOMC, Mortgage

Buying or Selling, Here Are Three Traits You’ll Want in Your Real Estate Agent

July 3, 2014 by Robby Oakes

For both buyers and sellers, choosing the right real estate agent is an important and difficult decision, but getting this selection right one is critical.

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

Giving and Getting: Why the Terms of a Home’s Sale Are Far More Important Than the Price Paid

July 2, 2014 by Robby Oakes

One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the reality is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.

Filed Under: Home Seller Tips Tagged With: Home Sales, Selling a Home, Terms of Sale

Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers

July 1, 2014 by Robby Oakes

Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.

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

What’s Ahead For Mortgage Rates This Week – June 30, 2014

June 30, 2014 by Robby Oakes

Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, Mortgage

A Guide to Selecting a Home and Property That Will Suit Your Growing Family

June 27, 2014 by Robby Oakes

Both seasoned homeowners and first-time buyers know making the decision to purchase a new home is not one that is taken lightly.

Filed Under: Real Estate Tips Tagged With: Family Homes, Home Purchasing, Selecting a Home

Case-Shiller: Home Price Growth Slows in April

June 26, 2014 by Robby Oakes

The S&P Case-Shiller Index for April shows that while home prices continue to grow, they are doing so at a slower pace as compared to April 2013.

Filed Under: Mortgage Rates Tagged With: Case Shiller, FHFA, Mortgage

Starting to Shop for a Mortgage? How to Assess Your ‘Debt-to-Income Ratio’ and Why This Number Matters

June 25, 2014 by Robby Oakes

For those who are looking to get a mortgage, the most important factor for having a mortgage application approved is the debt-to-income ratio of the borrower.

Filed Under: Home Mortgage Tips Tagged With: Debt To Income Ratio, Mortgage Financing, Mortgage Loan Information

The FHA Hawk Program for New Homebuyers is Coming: Here’s How It Affects Your Mortgage Insurance Premiums

June 24, 2014 by Robby Oakes

The FHA offers many new programs and incentives for new homebuyers to take advantage of so that they can be part of the effort to ease the credit crisis.

Filed Under: Home Mortgage Tips Tagged With: FHA Hawk Program, Mortgage, Mortgage Insurance

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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